Progress Report, ThinkProgress
While much attention has focused on Mitt Romney’s own shockingly low tax rate — a 15 percent rate far lower than that paid by millions of middle class Americans, less attention has been paid to the details of his tax plan. It’s a plan that would slash taxes on the wealthiest Americans and corporations, while actually increasing taxes on the middle class.
What’s more, as the Center for American Progress Action Fund’s Michael Linden and Seth Hanlon wrote last week:
Nowhere in Romney’s 59-point economic plan does he identify a single corporate loophole or tax break he’d eliminate.
Here’s a rundown of some of the most egregious tax loopholes and giveaways Mitt Romney preserves in his tax plan.