Posted by | August 3, 2012 18:45 | Filed under: Top Stories

It’s true. Romney would give the rich even more tax breaks while raising taxes for middle income Americans, based on a study by the non-partisan Tax Policy Center: “The study essentially concludes that, no matter what choices are made, taxes will be lower for the very wealthy while raised for most middle and lower income taxpayers. That’s because there are not enough loopholes to close for the rich — and the real money available to boost revenue would come from getting rid of tax credits that mostly benefit middle-income taxpayers, such as the home mortgage deduction. The study came to this conclusion even after trying to grant every positive assumption to the Romney plan.”

 

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Copyright 2012 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.