The Tax Policy Center released a study showing Romney’s tax would shift $86 billion away from higher-income earners. The Romney camp responded with a claim that the TPC failed to include the economic growth, “that would result from the lowering of the corporate tax rate and from cutting the size of government over the next decade.”
Well, my concern is what happens if giving the wealthy yet another tax cut once again doesn’t trickle down? Seems like the GOP has sung this song since Reagan and yet, the size and cost of government has continued to rise and the trickle down hasn’t trickled.
This sounds like another one of those deja vu things!