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  LiveWire / Teen Forums / Politics & Government / Viewing Topic

the average family will have increased taxes under romney's plans
Replies: 10Last Post Aug. 4, 2012 9:52am by Forever Angel
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( polio  )


skipper

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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.

4:45 pm on Aug. 2, 2012 | Joined: Feb. 2007 | Days Active: 1,415
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Harbinger II


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But why would a rich man want more money?

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4:47 pm on Aug. 2, 2012 | Joined: July 2010 | Days Active: 263
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Quote: from Harbinger II at 7:47 pm on Aug. 2, 2012

But why would a rich man want more money?

Greedy son-of-a-bitch


4:49 pm on Aug. 2, 2012 | Joined: Mar. 2012 | Days Active: 358
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naziZOMBI3


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Romney is a piece of shit

4:50 pm on Aug. 2, 2012 | Joined: Dec. 2011 | Days Active: 128
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Tvirus


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Romney  needs to croak

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4:55 pm on Aug. 2, 2012 | Joined: Sep. 2008 | Days Active: 1,471
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( polio  )


skipper

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Quote: from Harbinger II at 12:47 am on Aug. 3, 2012

But why would a rich man want more money?
they can always do with more benjamins to build those forts at home higher.

or to buy more guns in case obama takes them away.


4:56 pm on Aug. 2, 2012 | Joined: Feb. 2007 | Days Active: 1,415
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Forever Angel


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Nonpartisan? I think not.

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7:15 pm on Aug. 2, 2012 | Joined: Dec. 2005 | Days Active: 2,619
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Chesiffon


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If neither is going to meaningfully cut spending, which they probably won't, then you have two choices as far as taxes: pay now, or pay later. Anyone who expects anything else without cutting spending is delusional. Pick your poison.

Post edited at 8:07 pm on Aug. 2, 2012 by Chesiffon


8:07 pm on Aug. 2, 2012 | Joined: April 2007 | Days Active: 525
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GmanXXVI


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Quote: from polio at 4:45 pm on Aug. 2, 2012


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.

That's just stupid.  How can a family making $2,500 be considered average?  Fucking what!  

Also, taxes don't make the rich richer nor the poor poorer.  They take money from the rich and the poor and give it to the poor (and the companies (which are people too!) I guess, as well, in this corporatist system we have here in 'merica).  

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9:57 pm on Aug. 2, 2012 | Joined: Aug. 2008 | Days Active: 497
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roses are red


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You sound like Obama, cut and paste the first article that makes him sound positive.

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8:50 am on Aug. 4, 2012 | Joined: Sep. 2011 | Days Active: 578
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Forever Angel


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Quote: from roses are red at 10:50 am on Aug. 4, 2012

You sound like Obama, cut and paste the first article that makes him sound positive.
And calling it "nonpartisan", too... just a little research would have turned up the truth about that lie.

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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.

9:52 am on Aug. 4, 2012 | Joined: Dec. 2005 | Days Active: 2,619
Join to learn more about Forever Angel Kansas, United States | Female | Posts: 55,061 | Points: 114,464
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