The Most Important Tax Break

The Most Important Tax Break

There are 2 comments on the www.theatlantic.com story from Nov 15, 2012, titled The Most Important Tax Break. In it, www.theatlantic.com reports that:

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).

Join the discussion below, or Read more at www.theatlantic.com.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#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.
McBill

Nha Trang, Vietnam

#2 Nov 15, 2012
Mr_Bill wrote:
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.
what do U wanna philosofee for TAX broker? C here:

what type of car is dat CAP?;)

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