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 as possible.Nobody will ever accuse Mittens of being a traitor to his class. He'd have been well-suited to being a feudal lord back in the days when knights were bold and serfs were slaughtered for food.
(H/T)
2 comments:
NEXT UP: Droit de seigneur!
Feudal POSER, you mean!
He couldn't any more survive trial by combat that my hypothetical aunt Minnie.
He's a son of privilege, a standard carrier for global corporatism at best... nothing more.
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