What’s the Niddle class?
:-P
well.. since the well off pay disporportionately more in taxes, they should get a disporportional benefit from an across the board cut.
Let’s face it, relying on either of the Bush’s economic advisers is not the best thing to do.
So, now we’re posting Dem/Obama talking points here?
I just received my tax return for 2011 back from the IRS. It puzzles me!!!
They are questioning how many dependents I claimed. I guess it was because of my response to the question: “List all dependents?”
I replied: 12 million illegal immigrants; 3 million crack heads; 42 million unemployed people on food stamps, 2 million people in over 243 prisons; Half of Mexico; and 535 persons in the U.S. House and Senate.”
Evidently, this was NOT an acceptable answer. I KEEP ASKING MYSELF, WHOM DID I MISS?
Read no further than this.
William Gale is an IDIOT!
#1 So I’m guessing you’re voting for Obama?
They invest their money in businesses that create SUSTAINABLE jobs, that is jobs that generate profit.
Government jobs are UNSUSTAINABLE. They generate no profit. Every government job created destroys three private-sector jobs.
I'm all for "the rich" creating more jobs.
Why are you against "the rich" creating more jobs?
Remove punative, anti-business regulations that stifle investment and then see what happens.
The left and so-called progressives are predominantly liars.
Please tell me how if my taxes get cut by 20% that I will end up paying more taxes.
“Reuters” + “non-partisan analysis” = DNC talking points..
“Study” = DNC talking points with graphs and tables....
Definition of NIDDLE
chiefly Scot
intransitive verb
: to move quickly
Their studies will show whatever you want.
Just bring lots of cash.
Follow the money trail.
Welcome to Free Republic!
How could cutting a person’s taxes by 20% leave them worse off????
Next, won’t a business with a 20% cut employ some of those people?
“Republican U.S. presidential challenger Mitt Romney’s proposal to slash income taxes by 20 percent across the board would boost income for the wealthiest taxpayers while reducing it for the middle class, according to a nonpartisan analysis released on Wednesday.”
That is what the story says. but it makes no sense.
In fact, it is not the tax cuts that reduce after-tax income of the middle class, but the ending of certain deductions, according to the study. Ending deductions is a form of raising taxes. So, it is raising taxes, not lowering them, that reduces after-tax income.
Simple. The MSM calls them "centrist".
From Wikipedia:
The Tax Policy Center (TPC) is a partisan joint venture of the Urban Institute and the Brookings Institution.Both of which, of course, describe themselves as "non-partisan". Right.
MRC's Worst of the Week: Obama's Liberal Buddies = 'Non-Partisan' Experts?
Have the tax cuts that are currently in place produced many jobs?
This paper examines the tradeoffs among three competing goals that are inherent in a revenueneutral income tax reform—maintaining tax revenues, ensuring a progressive tax system, and lowering marginal tax rates. As a motivating example, we estimate the degree to which individual income tax expenditures would have to be limited to achieve revenue neutrality under the individual income tax rates and other features advanced in presidential candidate Mitt Romney’s tax plan, and how the required reductions in tax breaks could change the distribution of the tax burden across households. (We do not score Governor Romney’s plan directly, as certain components of his plan are not specified in sufficient detail, nor do we make assumptions regarding what those components might be.)
Look at that last line. They do NOT score Romney's plan directly because certain components are not specified in sufficient detail. Check out page 3 of the report where they discuss their modeling assumptions, in other words the number of assumptions they had to use in order to reach their conclusions. Not scoring the plan directly plus modeling assumptions, and THIS is their a-HA moment? Really?
The niddle class always takes it on the chin.
Poor, poor niddle class.