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This is an excellent article that might make it easier for liberals to understand Romney's plan.
***************************************************************
Mathematically Possible
Correcting the false assumptions of Obama's tax gurus.
It isn't easy being the intellectual frontmen for President Obama's re-election campaign, as the boys at the Brookings-Urban Institute Tax Policy Center are discovering. Their ballyhooed study of Mitt Romney's tax plan looks worse with each new examination.
The study's biggest distortion is its raw assertion that Mr. Romney would refuse to close certain loopholes. In the appendix, the Tax Policy Center lists, among others, two giant tax deductions that it says would go untouched: the exclusion of interest on tax-exempt municipal bonds, and the exclusion of interest on life insurance savings. The study claims that Mr. Romney won't close these because they are incentives for saving and investment.
Review & Outlook: Mathematically Possible - WSJ.com
Don't you believe it's up to Romney to say what "loopholes" he's going to close? How about Ryan's plan, to increase revenue by over $700 billion a year, by closing loopholes.
Which loopholes? The ones that help the middle class? Or the ones that help the most profitable companies?
This is an excellent article that might make it easier for liberals to understand Romney's plan.
***************************************************************
Mathematically Possible
Correcting the false assumptions of Obama's tax gurus.
It isn't easy being the intellectual frontmen for President Obama's re-election campaign, as the boys at the Brookings-Urban Institute Tax Policy Center are discovering. Their ballyhooed study of Mitt Romney's tax plan looks worse with each new examination.
The study's biggest distortion is its raw assertion that Mr. Romney would refuse to close certain loopholes. In the appendix, the Tax Policy Center lists, among others, two giant tax deductions that it says would go untouched: the exclusion of interest on tax-exempt municipal bonds, and the exclusion of interest on life insurance savings. The study claims that Mr. Romney won't close these because they are incentives for saving and investment.
Review & Outlook: Mathematically Possible - WSJ.com
Don't you believe it's up to Romney to say what "loopholes" he's going to close? How about Ryan's plan, to increase revenue by over $700 billion a year, by closing loopholes.
Which loopholes? The ones that help the middle class? Or the ones that help the most profitable companies?
Attack the middle class so the rich can get richer.
http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf
This paper examines the tradeoffs among three competing goals that are inherent in a revenueneutral income tax reformmaintaining tax revenues, ensuring a progressive tax system, and
lowering marginal tax ratesdrawing on the example of the tax policies advanced in presidential
candidate Mitt Romneys tax plan. Our major conclusion is that any revenue-neutral individual
income tax change that incorporates the features Governor Romney has proposed would provide
large tax cuts to high-income households, and increase the tax burdens on middle- and/or lowerincome taxpayers.
Some highlights:
Even if tax expenditures are eliminated in a way designed to make the resulting tax system as progressive as possible, there would still be a shift in the tax burden of roughly $86 billion from those making over $200,000 to those making less than that amount,
...
Americans making over $1 million would see an increase in after-tax income of 4.1 percent (an $87,000 tax cut), those making between $500,000 and $1 million would see an increase of 3.2 percent (a $17,000 tax cut), and those making between $200,000 and $500,000 would see an increase of 0.8 percent (a $1,800 tax cut).
This is an excellent article that might make it easier for liberals to understand Romney's plan.
***************************************************************
Mathematically Possible
Correcting the false assumptions of Obama's tax gurus.
It isn't easy being the intellectual frontmen for President Obama's re-election campaign, as the boys at the Brookings-Urban Institute Tax Policy Center are discovering. Their ballyhooed study of Mitt Romney's tax plan looks worse with each new examination.
The study's biggest distortion is its raw assertion that Mr. Romney would refuse to close certain loopholes. In the appendix, the Tax Policy Center lists, among others, two giant tax deductions that it says would go untouched: the exclusion of interest on tax-exempt municipal bonds, and the exclusion of interest on life insurance savings. The study claims that Mr. Romney won't close these because they are incentives for saving and investment.
Review & Outlook: Mathematically Possible - WSJ.com
Don't you believe it's up to Romney to say what "loopholes" he's going to close? How about Ryan's plan, to increase revenue by over $700 billion a year, by closing loopholes.
Which loopholes? The ones that help the middle class? Or the ones that help the most profitable companies?
Your op and green beard just got blown up, you can stop guilding the Lilly now, we know you're a boob.
Attack the middle class so the rich can get richer.
http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf
This paper examines the tradeoffs among three competing goals that are inherent in a revenueneutral income tax reformmaintaining tax revenues, ensuring a progressive tax system, and
lowering marginal tax ratesdrawing on the example of the tax policies advanced in presidential
candidate Mitt Romneys tax plan. Our major conclusion is that any revenue-neutral individual
income tax change that incorporates the features Governor Romney has proposed would provide
large tax cuts to high-income households, and increase the tax burdens on middle- and/or lowerincome taxpayers.
Some highlights:
Even if tax expenditures are eliminated in a way designed to make the resulting tax system as progressive as possible, there would still be a shift in the tax burden of roughly $86 billion from those making over $200,000 to those making less than that amount,
...
Americans making over $1 million would see an increase in after-tax income of 4.1 percent (an $87,000 tax cut), those making between $500,000 and $1 million would see an increase of 3.2 percent (a $17,000 tax cut), and those making between $200,000 and $500,000 would see an increase of 0.8 percent (a $1,800 tax cut).
Don't you believe it's up to Romney to say what "loopholes" he's going to close? How about Ryan's plan, to increase revenue by over $700 billion a year, by closing loopholes.
Which loopholes? The ones that help the middle class? Or the ones that help the most profitable companies?
Your op and green beard just got blown up, you can stop guilding the Lilly now, we know you're a boob.
What a petulant child. The analysis of Romney's plan shows that he intends to fuck over the middle class, and give the rich more disposable income to stick in their off-shore accounts.
Attack the middle class so the rich can get richer.
http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf
This paper examines the tradeoffs among three competing goals that are inherent in a revenueneutral income tax reformmaintaining tax revenues, ensuring a progressive tax system, and
lowering marginal tax ratesdrawing on the example of the tax policies advanced in presidential
candidate Mitt Romneys tax plan. Our major conclusion is that any revenue-neutral individual
income tax change that incorporates the features Governor Romney has proposed would provide
large tax cuts to high-income households, and increase the tax burdens on middle- and/or lowerincome taxpayers.
Some highlights:
...
Americans making over $1 million would see an increase in after-tax income of 4.1 percent (an $87,000 tax cut), those making between $500,000 and $1 million would see an increase of 3.2 percent (a $17,000 tax cut), and those making between $200,000 and $500,000 would see an increase of 0.8 percent (a $1,800 tax cut).
All one needs to know about your TRIPE:
The Tax Policy Center is a joint venture of the Urban Institute and Brookings Institution.
Don't you believe it's up to Romney to say what "loopholes" he's going to close? How about Ryan's plan, to increase revenue by over $700 billion a year, by closing loopholes.
Which loopholes? The ones that help the middle class? Or the ones that help the most profitable companies?
Your op and green beard just got blown up, you can stop guilding the Lilly now, we know you're a boob.
What a petulant child. The analysis of Romney's plan shows that he intends to fuck over the middle class, and give the rich more disposable income to stick in their off-shore accounts.
Attack the middle class so the rich can get richer.
http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf
Some highlights:
...
All one needs to know about your TRIPE:
The Tax Policy Center is a joint venture of the Urban Institute and Brookings Institution.
IOWs, you haven't got anything to dispute them, so you chose to shoot the messenger. You're quite an intellectual lightweight.
Your op and green beard just got blown up, you can stop guilding the Lilly now, we know you're a boob.
What a petulant child. The analysis of Romney's plan shows that he intends to fuck over the middle class, and give the rich more disposable income to stick in their off-shore accounts.
Does retarded run in your family??
Your stupidity is clearly why Obama is president... So you want a poor man running the nation???
You fucking do realize that the Ryan/Romney plan will LOWER taxes on the middle class and RAISE taxes on the top 1%???
Progressives are liars and they will bet on the notion that you will believe anything they say and not look into the issues for yourself - they will gamble on the fact you will take their word for it....
Now go fucking read the Ryan/Romney tax plan..........
Everything progressives tell you is bullshit.....
Go realize that...
The tax policy center states in this analysis that they had to make estimates in spots because of the vagueness of Romneys purposal. However they also state that they still come out with a tax increase even giving Romney the best possible estimates.Attack the middle class so the rich can get richer.
http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf
This paper examines the tradeoffs among three competing goals that are inherent in a revenueneutral income tax reformmaintaining tax revenues, ensuring a progressive tax system, and
lowering marginal tax ratesdrawing on the example of the tax policies advanced in presidential
candidate Mitt Romneys tax plan. Our major conclusion is that any revenue-neutral individual
income tax change that incorporates the features Governor Romney has proposed would provide
large tax cuts to high-income households, and increase the tax burdens on middle- and/or lowerincome taxpayers.
Some highlights:
...
Americans making over $1 million would see an increase in after-tax income of 4.1 percent (an $87,000 tax cut), those making between $500,000 and $1 million would see an increase of 3.2 percent (a $17,000 tax cut), and those making between $200,000 and $500,000 would see an increase of 0.8 percent (a $1,800 tax cut).
...if you actually compared them you'd see that but your masters voice and all that.
Attack the middle class so the rich can get richer.
http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf
This paper examines the tradeoffs among three competing goals that are inherent in a revenueneutral income tax reformmaintaining tax revenues, ensuring a progressive tax system, and
lowering marginal tax ratesdrawing on the example of the tax policies advanced in presidential
candidate Mitt Romneys tax plan. Our major conclusion is that any revenue-neutral individual
income tax change that incorporates the features Governor Romney has proposed would provide
large tax cuts to high-income households, and increase the tax burdens on middle- and/or lowerincome taxpayers.
Some highlights:
...
Americans making over $1 million would see an increase in after-tax income of 4.1 percent (an $87,000 tax cut), those making between $500,000 and $1 million would see an increase of 3.2 percent (a $17,000 tax cut), and those making between $200,000 and $500,000 would see an increase of 0.8 percent (a $1,800 tax cut).
All one needs to know about your TRIPE:
The Tax Policy Center is a joint venture of the Urban Institute and Brookings Institution.
Let's not forget, most conservatives here WANT taxes raised on low income Americans.
The tax policy center states in this analysis that they had to make estimates in spots because of the vagueness of Romneys purposal. However they also state that they still come out with a tax increase even giving Romney the best possible estimates.Attack the middle class so the rich can get richer.
http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf
Some highlights:
...
...if you actually compared them you'd see that but your masters voice and all that.
"Scholars at the American Enterprise Institute examined what happens to the Tax Policy Center math when this error is corrected. AEI economic research associate Matt Jensen found that "Both of these exclusions largely benefit the wealthy, and, according to the Treasury Department, added together their repeal would net upwards of $90 billion that could be redistributed to lower-income individuals. That would go a long way towards balancing the supposed $86 billion windfall for the rich and tax hike on the middle class and poor, and it could make the impossible suddenly possible."
The AEI analysis warns that these numbers change from year to year, but it concludes that by eliminating these two deductions and a few other smaller ones, Mr. Romney can make his math add up. In other words, poof, no tax hike on the middle class.
This won't stop the Obama campaign from making its false claims, but it ought to at least embarrass the media into questioning them. It should also embarrass the analysts at the Tax Policy Center who claim to be nonpartisan, above-the-fray economists but somehow always seem to provide analysis that serves those who want to raise tax rates."
Review & Outlook: Mathematically Possible - WSJ.com
Why do you lie like that?Don't worry, dicksuck. You still won't have any tax burden.Attack the middle class so the rich can get richer.
http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf
Some highlights:
...
Don't count on that, douchebag. The bottom line is still the same. The Romney/Ryan tax plan screws everyone making less than $200,000/year. It's a middle-class clusterfuck.
