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View Diary: Conservative pundit explains why Republicans are screwed on taxes (137 comments)

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  •  Yes, but (5+ / 0-)

    The uber-rich avoid paying a lot of their taxes by using these deductions.  So capping deductions should theoretically capture more of their income as taxes.

    "Believe nothing, no matter where you read it, or who said it... unless it agrees with your own reason and your own common sense." -The Buddha

    by Brian A on Tue Nov 13, 2012 at 07:08:40 AM PST

    [ Parent ]

    •  But it's not specifically targeted at the rich (2+ / 0-)
      Recommended by:
      phonegery, Brian A

      It will affect some, it won't affect others, and it will hurt many middle class and working poor.

      Whereas ending the tax cut for income over $250,000 is perfectly targeted only at people who make over that amount.

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