In response to:

Mitt's Tax Cut Mulligan

James2229 Wrote: Oct 02, 2012 2:51 PM
God help us if our Republican candidate decides that we need to have taxes stay the same so that revenues can help pay beck the deficit, rather than cutting taxes to grow the economy and therefore grow revenues.
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
Saturday, May 25 | 09:36 PM ET
Saturday, May 25 | 09:36 PM ET
Saturday, May 25 | 09:36 PM ET
Saturday, May 25 | 09:36 PM ET