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Saturday, January 07, 2012

"Romney’s Tax Proposal"

pgl wonders how Republicans can say they are for fiscal responsibility with a straight face:

Romney’s Tax Proposal, by pgl: The Tax Policy Center provides its review of which taxpayers will pay more and which ones will pay less under the tax proposal introduced by Mitt Romney. A really short summary goes as follows:
(a) The well to do will pay less in taxes;
(b) The working poor will pay more in taxes; and
(c) Overall tax revenue will be significantly reduced.

But wasn’t that also the case for the Herman Cain tax proposal as well as any other tax proposal from the Republican candidates for President? And the Republicans claim they are for fiscal responsibility!

(When I first started blogging, pgl went above and beyond the call of duty to make people aware of this blog. I am greatly indebted to him.).

 

    Posted by Mark Thoma on Saturday, January 7, 2012 at 12:33 AM in Budget Deficit, Economics, Politics, Taxes | Permalink  Comments (11)


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