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General Discussion

AgingAmerican

(12,958 posts) Wed Oct 3, 2012, 08:10 PM Oct 2012

0

"Skin in the game"?

The Republicans are saying this week the 47% should have 'skin in the game' aka pay income taxes. At the same time, they adamantly refuse to say what loopholes they would close, vaguely insinuating they would close those benefiting the rich.

It is beginning to look like the 'loopholes' that they plan on closing are:

The earned income tax credit
The child tax credit
The mortgage deduction tax credit

...and perhaps deductions for student loans and healthcare costs.

Get rid of these deductions for the lower classes, and everyone who works would pay income taxes.

Any plan to get rid of these lower class loopholes would be political suicide if the public found out, and the GOP know it.

THAT is why they cant talk about it.

2 replies

= new reply since forum marked as read

Highlight:

"Skin in the game"? (Original Post) AgingAmerican Oct 2012 OP

I love how Republicans are all the sudden pro-federal income tax. Drunken Irishman Oct 2012 #1

! AgingAmerican Oct 2012 #2

Drunken Irishman

(34,857 posts)

1. I love how Republicans are all the sudden pro-federal income tax.

Reply to AgingAmerican (Original post)

Wed Oct 3, 2012, 08:11 PM

Oct 2012

AgingAmerican

(12,958 posts)

2. !

Reply to Drunken Irishman (Reply #1)

Wed Oct 3, 2012, 08:38 PM

Oct 2012

If it affords them a chance to crap on the poor, they are for it.

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