Mitt Would Save $5 Million Per Year Under His Tax Plan
According to research by the liberal-leaning Citizens for Tax Justice and the conservative-leaning Tax Foundation, President Romney would save around $5 million bucks next year under his tax plan in comparison to the plan put forward by President Obama.
While Obama's plan gives priority to paying down our ballooning debt and rolling back rates to where they were during the booming 90's (but still way under what they were in the booming 50's or booming 60's), Romney prefers to remain fiscally irresponsible. Instead, he thinks it's ok to saddle our children with higher taxes, to the benefit of the already-wealthy, some of whom pay no federal taxes.
As we debate the merits of Mitt's plan, I'd like to see him provide voters with a breakdown of how he spent the last $5 million he earned. Maybe then we'd get an idea of where this money goes in the real world, and get a clearer picture of how many American jobs are created when the wealthy get unnecessary tax breaks.