You are here

Mitt Romney’s Top Five Tax Giveaways to the Rich

  • The Loopholes & Giveaways Mitt Loves to Love
  • Remaking America: From Poverty to Prosperity

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.

More...

Related:

Remaking America: From Poverty to Prosperity, Byron Williams, Huffington Post

  • Which direction the country is to go, what type of nation do we choose to be, and what kind of people do we choose to be.
  • The conversation will be broadcast live on C-SPAN Thursday January 12 and rebroadcast for three nights on Tavis Smiley on PBS beginning Monday, January 16.
  • Chris Hedges |  Brace Yourself!