GOP Plan: Raise Your Taxes, Slash Them for Millionaires
Paul Krugman | This Republican Economy
Do You Own a Secret Corporation in Bermuda?
Progress Report, ThinkProgress
As we’ve been discussing for months, the core of the Romney-Ryan budget plan is massive tax cuts for wealthy paid for by increasing taxes on the middle class and slashing funding for Medicare, Medicaid, and basically everything else the government does — including programs that benefit the middle class each and every day.
A new study out today (June 20) offers yet more confirmation of this sad reality.
Check out this great graphic from the Washington Post explaining how the GOP’s budget would impact taxpayers (Click here for a full-sized version.)
Do You Own a Secret Corporation in Bermuda? Progress Report, ThinkProgress
Way back in October, we began calling for Mitt Romney to release his tax returns — mostly to see how Romney’s proposed tax policies would impact his own situation relative to that of middle class Americans. We also wanted to know if Romney was taking advantage of special tax loopholes that allow millionaires to pay a lower tax rate than millions of middle class workers. Finally, voters deserve to know just how Romney amassed a quarter-billion fortune and where exactly his millions in annual income comes from.
Even More Reasons Why We Need to See Mitt Romney’s Tax Returns