Mitt's tax plan: Cut taxes for the rich, raise them on everyone else (user search)
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  Mitt's tax plan: Cut taxes for the rich, raise them on everyone else (search mode)
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Author Topic: Mitt's tax plan: Cut taxes for the rich, raise them on everyone else  (Read 13444 times)
Oldiesfreak1854
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« on: August 09, 2012, 08:27:19 AM »

Not true.  There is no tax increase on anyone other than the "rich" in his plan.  Where did that study come from anyway?  Romney's plan calls for making the Bush-era rates permanent and moving toward a flat tax.
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Oldiesfreak1854
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« Reply #1 on: August 09, 2012, 03:55:46 PM »

Not true.  There is no tax increase on anyone other than the "rich" in his plan.  Where did that study come from anyway?  Romney's plan calls for making the Bush-era rates permanent and moving toward a flat tax.

If you bothered to read the OP you would see that the plan comes from the independent Tax Policy Center, "a joint project of the Brookings Institution and the Urban Institute."

Romney's plan calls for a repeal of the Estate Tax (God knows why) which disproportionately benefits wealthy people and investment cuts that also disproportionately affect people like him. So stop claiming ignorance and faux outrage and start reading the links that are posted rather than merely spewing your Fox talking points across threads you know and understand nothing about.
Most wealthy Americans know how to avoid the Estate Tax through estate planning, so it is primarily the middle class that gets hit with it.  And besides, it hurts businesses and the economy.  It's not about what's "fair" based on somebody's definition, it's about doing what's good for America.  And putting undue burdens on our economy because somebody thinks that we need to promote somebody else's definition of "fairness" is not good for America. 
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Oldiesfreak1854
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« Reply #2 on: August 09, 2012, 04:46:20 PM »

Why do people hate tax cuts for the rich Sad

Because we are already running a budget deficit over a trillion dollars.

But if you cut spending and taxes, then the budget will be balanced, providing you cut more in spending.

We are running a $1.4 trillion dollar deficit. That means we collect $1.4 trillion less in taxes than we spend. You want to cut taxes (revenue). So, where do you get the >$1.4 trillion to balance your budget? Hint: You wont get there without hacking Social Security, Defense, and Medicare/aid - which no politician is willing to do (heard anything about the Ryan budget lately?)

Stegosaurus, don't bother trying to reason with him. He's a bigger troll than Politico and plays dumb to deny common sense.

Quite amusing being called a troll by somebody with Mondale in their username. You do realize Mondale is second only to McGovern in the quest for title of "biggest loser of them all," right?

Actually it would be Goldwater or Landon, but nice try...

http://en.wikipedia.org/wiki/List_of_landslide_victories#Presidential

Also, just because people voted for Reagan (who began the process of bankrupting this country and selling it piece-by-piece to the corporate class) doesn't mean his ideas had any merit. Or that he had any ideas for that matter...
And don't forget Mondale.  He only got DC and Minnesota, and even then, Minnesota was close.
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