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View Diary: Here's why Mitt Romney and Paul Ryan won't do the math on their tax plan (67 comments)

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  •  At some point we will have to admit that (9+ / 0-)

    corporations and the wealthy must pay a higher tax rate, not a lower one. Back when Reagan slashed the top tax rate, trying to make up for it by raising the lowest tax rate didn't work.

    Newsflash. We can't keep allowing tax exempt status for churches plus give the wealthy and the corporations a lower tax rate--on top of giving them so many ways to avoid taxes altogether (just like a church)--and have enough money coming in to the government.

    It cannot be made up off the backs of those of us who aren't wealthy. Sorry, that's just how it goes. Especially if we're spending so much for "defense." And until wages go up it's crazy to increase the tax rate on workers, which is what Rom wants to do, right?

    I can't wait to see how the tax code is going to be overhauled. To say the least, it will be interesting.

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