Same ole', same ole.
December 14, 2015
By Amanda Andrade-Rhoades
December 14, 2015
By Amanda Andrade-Rhoades
According to the Tax Policy Center, (click here) an authoritative and nonpartisan economic analysis venture, Former Florida Governor turned Republican presidential candidate Jeb Bush’s proposed tax plan not only loses trillions, it makes inequality worse. Bush’s tax plan includes reducing the number of income tax brackets, cutting the corporate tax rate to 20 percent and shifting to a territorial tax system, capping the total value of deductions but nearly doubling the standard deduction. The plan also seeks to double income tax credit for those who are both childless and employed and eliminate a loophole that allows fund managers to claim their income as capital gains, NPR reported.
According to the Tax Policy center, the plan would reduce federal revenue by $6.8 trillion in the first decade and increase the national debt by as much as 50 percent....
This was "W"'s idea fun. The wealthy are always the focus in a Bush plan.
According to the Tax Policy center, the plan would reduce federal revenue by $6.8 trillion in the first decade and increase the national debt by as much as 50 percent....
This was "W"'s idea fun. The wealthy are always the focus in a Bush plan.
