GOP Plan: Rich Get Richer, Middle-Class Gets Screwed

Republican Tax Plan Would Make The Rich Richer, Raise Taxes On The Middle Class: Report

We don't want to turn your hair white with shock first thing in the morning, but it appears Republican lawmakers are pushing a tax plan that could make the rich richer and ask the middle class to pay more.

That's according to the congressional Joint Economic Committee's new report, which crunches the numbers on the tax proposal favored by House Republicans and argues that it would amount to a massive tax cut for the well-off and a four-figure tax hike for more modest earners. The committee is chaired by Democratic Senator Bob Casey.

As explained in The Washington Post, the GOP plan would in fact provide an initial tax cut to every American, regardless of income. But assuming the plan eliminates certain major deductions in the tax code -- like state and local taxes, charitable donations and employer-provided health insurance -- a lot of Americans would end up paying more than they are now.

Specifically, anyone who earns less than $200,000 a year would see their taxes go up by at least $1,000, and in some cases as much as $4,600, according to the JEC. Meanwhile, people who earn a million dollars or more would get a tax cut of between $286,000 and $331,000 a year.

http://www.huffingtonpost.com/2012/06/2 ... f=business

Well, I'm SHOCKED, I tell you, SHOCKED!! This is SUCH a surprise. I did NOT see this one coming... I mean, WHO KNEW?!?!?!

:Snooze

What middle class? Obama destroyed that already. "Middle class wealth falls under Barack Obama, 1%r's gain in wealth."

Yes, it's amazing how that ol' Obama was able to reach back to 2007-2008 and destroy the middle-class before he even took office!! Amazing!!

God, it's fun watching you spin bullsh*t that you just regurgitate on-cue....

:Snooze :Snooze

Ryt_Rick wrote: :Snooze :Snooze

Not surprising the truth puts you to sleep. It's ever so much more fun and stimulating to work with lies and deception.

archer wrote:

Ryt_Rick wrote: :Snooze :Snooze

Not surprising the truth puts you to sleep. It's ever so much more fun and stimulating to work with lies and deception.

All I have to see is another Huffpo piece of crap and I intantly feel sleepy (sometimes nausia)

HuffPo SchmuffPo

Yeah, FACTS are a b*tch, aren't they?

That's according to the congressional Joint Economic Committee's new report, which crunches the numbers on the tax proposal favored by House Republicans and argues that it would amount to a massive tax cut for the well-off and a four-figure tax hike for more modest earners. The committee is chaired by Democratic Senator Bob Casey.

As explained in The Washington Post, the GOP plan would in fact provide an initial tax cut to every American, regardless of income. But assuming the plan eliminates certain major deductions in the tax code -- like state and local taxes, charitable donations and employer-provided health insurance -- a lot of Americans would end up paying more than they are now.

Specifically, anyone who earns less than $200,000 a year would see their taxes go up by at least $1,000, and in some cases as much as $4,600, according to the JEC. Meanwhile, people who earn a million dollars or more would get a tax cut of between $286,000 and $331,000 a year.

And you can put all the and rofllol faces after it, and it still doesn't change it or deflect it from what it's going to do FOR the millionaires, and TO those making less than $200,000....

So, when you can't argue the facts, you just go for insulting the poster... You guys are so screwed....

More power to them. Your jealousy and coveted bull crap is anathema to everything this country stands for. You're grabbing the dirty end of the stick.