In response to:

Mitt's Tax Cut Mulligan

Dorothy152 Wrote: Sep 30, 2012 1:41 PM
Still wondering how we came to think it's a 'right' to take away almost half what an individual saved during their lifetime just because they 'die' and 'redistribute' it to others, many of whom splurged or failed to work and save during theirs! Amazing how things become 'accepted' isn't it!
For some unknown reason, Mitt Romney dialed back his tax-cut plan yesterday, the same day new reports showed incomes are dropping.

Last month, median household income fell by about $500, and since Obama became president, income is down over $4,500. But under Mitt Romney’s 20 percent tax-cut plan, if he truly believes it and follows through with it, a married couple making $70,000 a year would save over $2,000. And take-home pay for a middle-class married couple earning about $140,000 -- with their tax rate dropping to 20 percent from 25 percent -- would increase by over $7,100. Obama has no...
Related Tags: Cut Tax