The Most Important Tax Break
If you really want to raise revenues, the Holy Grail isn't capping tax deductions, as Romney proposed, or raising the top marginal rate, as Obama proposed.
Suddenly, Republicans are all about increasing tax revenues from rich people. In the last weeks of the campaign, Mitt Romney talked about capping itemized deductions for high-income taxpayers (which, unfortunately for his arithmetic, would not nearly have compensated for the lower tax rates he proposed). John Boehner has told his caucus that they have to be willing to accept increased tax revenues (but out of the other side of his mouth says that tax rates cannot be increased).
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“It's a Brand New Day”
Since: Feb 06
#1 Nov 15, 2012
But if we ddid this, the rich would invest less; and then they would have to work.
Do you really wabt to be responsible for making Billionaires work?
Suppose they get tiredm or miss a polo game or horse show; or even the season?
No, let us middle income drudges work more hours, and earn 4000 Dollars less. That's the only fair waY TO TREAT OUR BILLIONAIRES.
We don't want to see our wealthy perspire, or worry, or give up their very different lifestyle.
Nha Trang, Vietnam
#2 Nov 15, 2012
what do U wanna philosofee for TAX broker? C here:
what type of car is dat CAP?;)
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