Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Kadie

(15,369 posts)
Thu Oct 4, 2012, 05:38 PM Oct 2012

Romney’s Own Website Refutes His Claim About Tax Cuts For The Rich

Romney’s Own Website Refutes His Claim About Tax Cuts For The Rich
By Guest Blogger on Oct 4, 2012 at 5:20 pm



Tax cuts for the rich are unpopular, unaffordable and have repeatedly failed to deliver any measurable economic benefits to the rest of the country. So it’s no wonder that during last night’s presidential debate, Mitt Romney didn’t want to embrace a policy of massive new tax cuts for the rich. “I will not reduce the taxes paid by high-income Americans,” Romney said.

It would be nice if Romney really was abandoning the failed theory of “supply-side” economics, but his actual tax proposals tell a very different story. Below is a screenshot from Romney’s own website, taken this morning:



Tax proposals that would disproportionately benefit rich households are underlined. As you can see, that’s almost all of them. And what would all these tax changes mean for the bottom line at America’s ritziest kitchen tables? The Tax Policy Center estimates that the richest 0.1 percent of Americans would reap a $725,000 tax cut from these proposals.

more...
http://thinkprogress.org/economy/2012/10/04/963851/romney-website-tax-cuts/



1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Romney’s Own Website Refutes His Claim About Tax Cuts For The Rich (Original Post) Kadie Oct 2012 OP
Liar, Liar, Pants on Fire, Mittens!!! lastlib Oct 2012 #1

lastlib

(22,981 posts)
1. Liar, Liar, Pants on Fire, Mittens!!!
Thu Oct 4, 2012, 05:48 PM
Oct 2012

You lying arrogant egg-sucking koch-ass-kissing sack of shit!!

How to tell Romney's lying: If you see his lips move, it's a dead giveaway.

Latest Discussions»Retired Forums»2016 Postmortem»Romney’s Own Website Refu...