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the average family will have increased taxes under romney's plans |
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Replies: 10 Last Post Aug. 4, 2012 9:52am by Forever Angel
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( polio )
skipper
Patron
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http://www.barackobama.com/tax-calculator under obama's plans they'll save $2200 next year, whilst under romney's plans they'll pay over $2000 more.
Compared to President Obama's plan, average families—those earning between $2,500 and $29,999—would face a tax increase under Romney. Romney's tax cuts for the wealthy will either raise taxes on middle-class families or explode the deficit. those earning between $100,000 and $199,999—would face a tax increase under Romney. those earning between $200,000 and $499,999—would receive a tax cut under Romney. those earning $1,000,000 or more—would receive a tax cut under Romney. 
what a surprise, the rich would get richer, the poor poorer. and before you eager right wingers try to claim the data is fabricated (though no doubt some still will):
The impact of Mitt Romney's tax plan is based on an analysis by the nonpartisan Tax Policy Center, which determines the tax increase or tax cut the average family in each income group would face if Romney paid for his $5 trillion tax plan by cutting tax benefits. The analysis assumes that Romney eliminates all tax benefits, except those for savings and investment, for households earning over $200,000, and reduces those benefits for households earning under $200,000 to cover the rest of the cost - resulting in a reduction by more than half. The Tax Policy Center uses income thresholds based on "cash income", a measure broader than AGI commonly used by TPC. The calculator is intended for information purposes only.
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4:45 pm on Aug. 2, 2012 | Joined: Feb. 2007 | Days Active: 1,415 Join to learn more about polio England, United Kingdom | Male | Posts: 52,569 | Points: 86,469
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 LiveWire Humor
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Harbinger II
Enlightened One
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But why would a rich man want more money?
------- I don't eat, I don't sleep, I don't wash, and I don't care.
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naziZOMBI3
Dairy Product Addict
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Romney is a piece of shit
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Forever Angel
2013
Sustainer
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Nonpartisan? I think not.
------- Life isn't about waiting for the storm to pass... It's learning how to dance in the rain I don't always talk to liberal art students; but when I do, I tell them Big Mac with no onions.
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roses are red
Soothsayer
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You sound like Obama, cut and paste the first article that makes him sound positive.
------- Pittsburgh Steelers 6x Super Bowl Champs
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