Middle class would face higher taxes under Republican plan, analysis finds

[Crabtownboy]

No surprises here ..........

The tax reform plan that House Republicans have advanced would sharply cut taxes for the wealthiest Americans and could leave middle-class households facing much larger tax bills, according to a new analysis set to be released Wednesday.

The report, prepared by Senate Democrats and reviewed by nonpartisan tax experts, marks the first attempt to quantify the trade-offs inherent in the GOP tax package, which would replace the current tax structure with two brackets — 25 percent and 10 percent — and cut the top rate from 35 percent.

http://www.washingtonpost.com/middl...plan/2012/06/19/gJQAD4auoV_story.html?hpid=z3

 

[carpro]

:laugh: "Prepared by Senate democrats"

 

[targus]

Fraud.

The "analysis" uses assumptions of changes to the tax code that the Republicans have not proposed.

It also takes every proposal by different Republicans and assumes that all of them would be implemented rather than some which would be the true case.

The tax increase also includes the retirement of the "Bush tax cuts" which is a Democrat plan.

Nice try though - in the future you would do well to read the articles before linking to them.

 

[Mexdeaf]

"Analysis"- another word for "pack of lies".

 

[billwald]

"Middle class" is the biggest lie of all. It defines the class war, not economic status.