The GOP prey's on ignorance and stupidity. They propose "a 20% reduction in tax rates, across the board."
So, the rich get cut from 35% to 28%, that's a 7% cut.
In the middle tax rate, goes from 15% to 12%, that's a 3% cut. 3% is less than half of the 7% tax cut the rich get.
Those too poor to pay federal income tax get no cut in their taxes. Any of them. No social security cuts. Mo medicare, sales tax, car registration fee, etc cuts. No deduction for all the rent they pay (as opposed to mortgage deductions).
And last comment. Why does the GOP not get called out when they claim Obama is recklessly spending? The budget is basically the budget Bush passed to him, including the Bush Tax DEFERRALS. (Not a tax Cut if you have to pay it in the future). Sure, Obama spent less than $1 trillion to stop a depression. He saved the auto industry. But the deficits are structural, not due to Obama spending. Less income equals less revenue, and more safety net spending for the unemployed Does anyone remeber WHY the Bush tax deferalls were set to "sunset" in 10 years? BECAUSE even in 2001, before the 2 wars and recession, they were NOT AFFORDABLE. They were predicted to BLOW UP the deficit. And they did. Just the wars, medicare part d, recession, and gas price spikes added to the explosion.
Last, last comment: Good Job, Joe Biden!
