Republicans New Tax Plan....Just like their old one.

Republicans once again want to cut tax rates for the rich. 

Since it was so successful the last two times they did it (in 2001 and 2003) why not do it again. 

You remember the last time when the economy blossomed, and everyone got jobs,and the deficit went away, and poor people started to improve their standard of living……..Oh wait. None of that happened!

What did happen is rich people got really, really, really, really, rich. That happened just by dropping the rate from 38% to 35%. Now Republicans want to drop it to 25%.

Today the government is pulling back on everything. The Pentagon is getting chopped. Food stamps has gotten chopped (multiple times). They want to chop Social Security. What will happen when rich pay 14% less then they are paying today?

This article states that the same amount of revenue will be coming in. That is completely false. If that were true what would be the point?

Anyone with a calculator can see that a lot less money will be coming in.

The good news is this plan will probably never see the light of day. But don’t think those pesky Republicans won’t try 40+ times.

http://www.reuters.com/article/2014/02/25/us-usa-tax-republicans-idUSBREA1O05920140225