Forward is not a destination. If you'd asked Hitler, Stalin, Pol Pot or their supporters if they were taking their nations forward, they'd have undoubtedly said "yes." Mussolini? Forward. Napoleon? Forward. Genghis Khan? Forward. Of course, Churchill, Thatcher, and Reagan would have said "forward" as well. So, that's why it's important to ask what difference it would make if we go forward for four years under Mitt Romney as opposed to going forward for another four years under Barack Obama.
1) Mitt Romney would try to reduce tax rates for the wealthy and corporations to spur economic growth. On the...












There are a little over 151 million people working in the US (for now, November can't get here fast enough).
If you remove the 1% you have 1.5 million in the 1% and 150 million people in the working part of the 99% with a median income of about $55K.
Taxing 150 million people will generate more revenue than taxing people who can avoid taxes.
The question is do we want to raise revenue to get out of debt or raise taxes to make things "fair"?
One will work and the other will fail.
Well, government wasn't "overhead cost" on this day 11 years ago when the Twin Towers collapsed and government workers --known as first responders -- died trying to save trapped workers.
Taxing people at a higher rate just because they have more is not Fair or Just. Regardless what the taxes are spent on.
Anyway, I'd like to see some colorful chart or bar graph depicting the tax revenue potential of the middle class versus the wealthy, along with some reliable supporting data. [Note: I'd rather see the terms "middle class" and "wealthy" replaced with a series of income ranges because it's more specific.]
Somebody must have crunched the numbers on this. AEI? The US Chamber of Commerce? I'm surprised the author didn't include a link.