Pic Of The Moment: The Romney Tax Plan In One Chart

[EarlG]

Last edited Wed Aug 8, 2012, 09:46 PM - Edit history (1)

Brookings Institute: Romney Tax plan raises taxes on 95%

Follow @demunderground

[MADem]

1. Hearty kick/rec! nt

[HangOnKids]

2. Fuck. That. Shit.

That's all I have to say about that.

[DaveJ]

3. Think this is simple enough for Conservatives to understand?

Probably not.

[Chemisse]

4. It's really that simple. Yet still the little lambs will hop and bounce their way to the slaughter.

Some people are just so overpowered by their gut feelings (hatred, racism, etc) that they will push away all logic to follow their 'gut'.

[Curmudgeoness]

5. Where did you get that chart???

I would love to post and email that sucker everywhere I can.

[EarlG]

8. We made the graphic

The link to the Brookings study is here:

http://www.brookings.edu/research/papers/2012/08/01-tax-reform-brown-gale-looney

...our calibration of the upper limit suggests that even by eliminating tax expenditures ‘starting at the top’—where we combine the proposed rate cuts with complete elimination of tax expenditures for taxpayers with income over $200,000—after-tax income would still increase by 4.1 percent among taxpayers with income over $1,000,000 and 0.8 percent for taxpayers earning between $200,000 to $500,000. (That translates to a tax decrease of $87,000 and $1,800 for those two groups.) However, on average, after-tax income for taxpayers earning less than $200,000 would need to decrease by 1.2 percent, an effective tax increase of $500 per household.

Here's another chart:

http://www.democraticunderground.com/10021056886

[Curmudgeoness]

10. That graphic you did is the best I've seen.

Simple enough for, well, for the Tea Party to understand. Thanks.

[EarlG]

18. Credit goes to Skinner on this one

Like most of the daily pics it was a joint effort conceptually, but he did the artwork today. Glad you like it though!

[Berlum]

13. Wonderful graphic, Earl. Tells the story at a glance.

Thank you...

[Berlum]

6. Why do Republicans HATE ordinary Americans?

Shheeesh - Americans getting continually dumped on by Rich Republicans sucks...

[EarlG]

7. Self-delete

Oops, replied to the wrong person

[The Wizard]

9. Repubes will look at this and

see the opposite, then pass it around before realizing they've been spreading the truth.

[jinx1]

11. Too simple

This is so simple that even the rhetorical wing nuts will find this hard to argue...excellent job

[dixiegrrrrl]

12. Love the simplicity of the reality.

[NYC_SKP]

14. K/R (nt)

[aint_no_life_nowhere]

15. Yeah, trickle down Mr. Rmoney - America is dying for your golden shower

[Doctor_J]

16. Call me when it apppears on Fox "News"

otherwise the Limbeciles will never see it

[MichiganVote]

17. Needs a third catagory-1million or more a year and taxes go down even more

[freshwest]

19. Well, that tears it. Will they still vote for him?