Mitt Romney Won't Lower Americans' Taxes

The numbers are starting to point to a filibuster-proof majority in the Senate... Have a nice day...

If "Taxmageddon" happens, it will be because the obstructionist GOTP wants it happen, and they'd rather screw the nation for political-gain, than do anything for the American people.

More proof that the RMoney tax-cuts are a disaster, a boondoggle, and only serve to enrich himself and his buddies at the expense of the rest of the country:

Studies: Rich's Bush-Era Tax Cuts Do Little To Boost Economy, Job Market

Tax breaks for the super-rich might be great for the super-rich. They just don’t do much for the rest of us.

Extending the Bush-era tax cuts for the rich would would boost the economy by an almost negligible amount, according to a recent analysis from the left-leaning Economic Policy Institute -- far less for GDP growth than continuing stimulus measures. Letting the tax cuts expire wouldn't hurt job growth either, according to data from a University of California at Berkeley economist, cited by Mother Jones.

The findings echo those of a similar Congressional Budget Office report last month, which found that the Bush-era tax cuts will cost the U.S. $1 trillion over the next decade.

Though many wealthy Americans, and some Republicans, insist that tax cuts for the rich help the economy, Ronald Reagan’s chief economics adviser found that the economic recovery during that presidency had little to do with the administration’s tax cuts, according to Businessweek.

The findings come as President Obama and other critics have accused Republican nominee Mitt Romney’s tax proposal of favoring wealthy taxpayers at the expense of the middle class. Romney, who is a millionaire, recently defended his low tax rate, arguing that most of his income comes from capital gains, which should be taxed at a lower rate in order to spur investment.

http://www.huffingtonpost.com/2012/09/2 ... f=business

Imagine my surprise.... (Yes, I saw the phrase "left-leaning"....However, I also saw the phrase "Congressional Budget Office" [non-partisan]; and "Business Week/Reagan's chief economics adviser"...) I guess they're left-wing too?

Once again. Just speculation. No control groups out there. Part of the limited economic gains could have been also due to 9/11 and excessive government spending under "W".

Yeah, those liars at the CBO, and Reagan's chief economic advisor... Fie on them...

You get funnier with every post...

My favorite part of the OP article was the new term " Marginal Effective rate" That's a new one on me.

...while the loss of deductions will probably leave unchanged marginal effective rates (the share of each extra dollar in income we actually pay)....

So now we have-

Marginal Tax rate
Effective Tax rate
Marginal Effective Tax rate WTF

Check!

Now the voters should be thoroughly confused!!! LOL