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Politics : Formerly About Advanced Micro Devices
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To: puborectalis who wrote (646648)3/2/2012 1:03:28 AM
From: tejek  Read Replies (2) of 1582881
 
Assuming the Bush tax cuts are extended, the Romney plan would give the top 1% of earners an average tax cut of $150,000, a 7.8% reduction in their average federal tax rate, according to the Tax Policy Center.

Americans in the middle 20% of income-earners would get an average tax cut of $810, a 1.4% tax rate reduction.

Those making $1 million or more would receive an average tax cut of $250,000, an 8.1% tax rate reduction, while the average American would get $2,800, a 3.5% rate drop.

The plan would also add to the deficit -- $480 billion in calendar year 2015 alone, according to the study.

They don't care. The GOP serves the 1% and the desperate wannabees.
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