The Cellar  

Go Back   The Cellar > Main > Politics
FAQ Community Calendar Today's Posts Search

Politics Where we learn not to think less of others who don't share our views

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 10-17-2012, 12:55 PM   #11
Lamplighter
Person who doesn't update the user title
 
Join Date: Jun 2010
Location: Bottom lands of the Missoula floods
Posts: 6,402
Quote:
Romney's said he'd reduce the tax rate.
He's said he'd eliminate deductions to make the change revenue neutral.
How is this going to make it possible for people to pay less in taxes?
Revenue neutral may mean (for Romney) the total $ of revenue stays the same.

So if an upper part of the middle class pays less:
---(e.g., no taxes on stock dividends, interest income, capital gains,
no taxes on estates handed down to family members, etc.)

and bottom half pays more:
---(e.g., loss of deductions for home mortage, charity, education, etc.)

to Romney, if the $ amount remains the same, this is "revenue neutral"...

But for those in the bottom half, somehow it doesn't quite feel that way.
Lamplighter is offline   Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 08:10 AM.


Powered by: vBulletin Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.