Tuesday, July 31, 2012

House GOP Tax Plan Raises Taxes On 10 Times As Many People As Democratic Proposal

House GOP Tax Plan Raises Taxes On 10 Times As Many People As Democratic Proposal: Senate Republicans last week proposed a plan that would raise taxes on more than 20 million Americans, while maintaining the high-end Bush tax cuts. Letting those tax cuts on income in excess of $250,000 expire would affect just two million wealthy taxpayers, by comparison. Now, House Republicans have adopted the same plan, and the effect [...]/p