Tag: Mitt Romney

By William McBride The Tax Policy Center (TPC) has a new paper that claims Mitt Romney’s tax plan necessarily leads to lower taxes on high-income earners and higher taxes on everyone else: Mitt Romney “Our major conclusion is that a revenue-neutral individual income tax change that incorporates the features Governor Romney has proposed – including reducing marginal tax rates substantially, eliminating the individual alternative minimum tax (AMT) and maintaining all tax breaks for saving and investment – would provide large tax cuts to high-income households, and increase the tax burdens on middle- and/or lower-income taxpayers. This is true even when we bias our assumptions about which and whose tax expenditures are reduced to make the resulting tax system as progressive… View Article

I thank you for what you do. For 15 years you’ve been researching and writing on issues that matter. You take on tough questions, you apply innovative thinking, you push for action, and you do it all without regard to politics.

President George W. Bush more quotes