Reply #5: there's a lot of verbiage there [View All]

[hfojvt]

It might be simplified with more facts about what the proposal actually says. I had to read to point 2 before I saw that the proposal "drops the top tax rate from 39.6% to 28%".

Of course, I might note that the top tax rate is not currently 39.6% unless the Bush tax cuts expire. Funny thing about those Bush tax cuts. I am sure Republicans are planning to use them as a cover. That is, the Bush tax cuts ALREADY provide a $70 billion tax cut for the wealthy, but that will be swept under the rug to make the tax cut for the wealthy in this proposal look smaller than it really is.

THIS is their idea of "deficit reduction"? To steal my social security taxes by making me work longer before I can collect benefits and then to give that stolen money to the rich in the form of tax breaks?

Is the President going to disavow this commission or not?