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Old 06-20-2012, 12:29 PM
 
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At first glance you would think that the Ryan budget plan would cut taxes for those families making 100K to 200K a year. However, if the deductions that they are currently allowed to take are removed that income group will end up paying 2700 more a year while a person making over a million will save a considerable amount.

Just simple logic. If you are going to cut taxes on the rich, the money has to be made up somewhere, it is plan to soak the middle class.

Study: House Republican Budget Would Raise Taxes On The Middle Class, Cut Them For Millionaires | ThinkProgress
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Old 06-20-2012, 12:31 PM
 
Location: Dallas, TX
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Nothing new about it.
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