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Who is balancing the budget exactly?
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01/12/2010 13:55:30
 
 
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Forum:
Politics
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Other
Title:
Who is balancing the budget exactly?
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Thread ID:
01491422
Message ID:
01491422
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57
The entire report looks promising. Everyone is paying more taxes to balance the budget. The plan wipes out annual deficits by 2035. Done by raising taxes by nearly $1 trillion by 2020. Retirement goes from 62 to 64 and then to 69. Reading through it, higher rates all around, until I came upon this:

The top income tax rate for both individuals and corporations would be dramatically lowered, however, from 35 percent to 29 percent or less.

So we all pay more, but those in the top income bracket pay demonstrably less?????

http://www.washingtonpost.com/wp-dyn/content/article/2010/11/30/AR2010113005968.html?sid=ST2010120100209
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