From Cut-‘n’-Edge Cartoons, an explanation for just exactly how Mitt Romney’s tax cuts work in the economy:
With this exception: This chart does not show the flow of funds from the rich to the Cayman Islands and Swiss banks.
More:
- Pres. Clinton explains Romney’s $5 trillion tax cut for the rich (video) (helmutzermin.wordpress.com)
- Pres. Clinton explains Romney’s $5 trillion tax cut for the rich (video) (kaystreet.wordpress.com)
- How Mitt Romney would raise taxes on poor Americans (washingtonpost.com)
- Obama: Romney ‘whiffed’ on tax cut explanation (seattletimes.com)
- Taking Note: Tax Policy Center Questions Romney Tax Plan (takingnote.blogs.nytimes.com)
- DNC site lampoons Romney tax plan (tv.msnbc.com)
- Cap of $25,000 on Deductions Would Cover 32% of Tax Cuts (bloomberg.com)
If you think cutting taxes on the rich will trickle down to the poor and create jobs and economic prosperity when the last 40 years has been spent proving that wrong…..you have Romnesia.
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