2/14/12

How Romney Plans to Help the Wealthiest

Romney’s tax plan helps millionaires and hurts the middle class — Keeping GOP Honest: "Here’s a point-by-point look at what the Romney plan would do for the wealthiest Americans:

The richest 1 percent of American households would get a tax cut worth more than $80,000. Those with income in the top 0.1 percent would get a cut of nearly half a million dollars.

Families who make more than $1 million would see their taxes cut by an average of about $145,000, making them 6.9 percent richer and reducing their federal tax rate by more than 15 percent.

Romney would repeal the Affordable Care Act’s 3.8 percent tax on investment income that goes into effect in 2013—saving himself about $800,000 a year."

'via Blog this'

It's really funny. Among GOP contenders there is not one who would not further ravage the middle class, quite apoart from making life miserable for children and women. I'm just waiting for Romney to say, "What's $800,000 ?"


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