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We all know Romney would cut taxes for the top bracket, but he recently announced that he will pay for those tax cuts by closing a variety of tax loop holes.
This will increase taxes for most people outside of the top bracket because most people use tax write-offs to lower their tax burden. We don't know what tax loop holes Romney will eliminate, but it means that taxes for the average person will increase.
"Romney says it is possible to cut tax rates without driving the government deeper into the red, and that he can make up for the lost revenue by closing tax loopholes."
You can even find articles on foxnews.com or cnn.com
"Well, I can tell you that people at the high end — high-income taxpayers — will have fewer deductions and exemptions," Romney said.
Dosnt sound like a middleclass tax increase to me.
Well I wonder what he means by high-income taxpayers, that's what I'd like to know. I can't really comment on things like this, because they require quantities.
We all know Romney would cut taxes for the top bracket, but he recently announced that he will pay for those tax cuts by closing a variety of tax loop holes.
This will increase taxes for most people outside of the top bracket because most people use tax write-offs to lower their tax burden. We don't know what tax loop holes Romney will eliminate, but it means that taxes for the average person will increase.
Think about it
Right-
What we DO KNOW is that the largest tax increase in US history is coming under Obamacare, unless it is repealed.
And if ya re elect obama you will only be allowed to marry someone of the same sex.
Yes thats a line of crap. Only differance between my post and the OP's is I told ya it was a line of crap. Both posts contain the same amount of truth.
People, our taxes are going up no matter who's "in charge"
Yes, and entitlements will be cut no matter who is in charge. We have been having our cake and eating it too for too long.
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