Election Economy
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Romney's Wrong, 1 Percenters Are the True Takers | Debate Club | US News Opinion

Romney's Wrong, 1 Percenters Are the True Takers | Debate Club | US News Opinion | Election Economy | Scoop.it

Yes, there are "takers" in the American economy, but they're not the poor folks Mitt Romney referenced in his now-infamous "47 percent" comments.

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Analysis of Mitt Romney's Plan To Fix The Economy...

Analysis of Mitt Romney's Plan To Fix The Economy... | Election Economy | Scoop.it

Mitt Romney's plan is not radical. It's reasonable. It's about as far right-of-center as Obama's economic policy is left-of-center--which is to say, "not much."

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About the 47 Percent Who Don’t Pay Federal Income Tax: Mitt, Meet Andrea

Romney went off the tracks by confusing the EITC and CTC with a sense of victimization and entitlement. People who benefit from these subsidies are exactly the opposite of that stereotype. Many want desperately to work, and struggle more than many of us can imagine to achieve the American Dream. For people like Andrea, those subsidies are the difference between keeping their heads above water and drowning.

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Why Do People Pay No Federal Income Tax?

About half of people who don’t owe income tax are off the rolls not because they take advantage of tax breaks but rather because they have low incomes.

 

http://www.taxpolicycenter.org/UploadedPDF/1001547-Why-No-Income-Tax.pdf

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Tax battle: Obama vs. Romney

Tax battle: Obama vs. Romney | Election Economy | Scoop.it
President Obama and Republican nominee Mitt Romney square off on just how much to tax the rich and middle class in terms of income, investments and estates.
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Obama Promised He Wouldn't Raise Taxes On the Middle Class. He Lied. - Forbes

Obama Promised He Wouldn't Raise Taxes On the Middle Class.  He Lied. - Forbes | Election Economy | Scoop.it
Obama's tax policies are not helping middle class earners, rather they're bringing them great harm.
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Poll Aside, Mitt Romney Hurts the Middle Class - Leslie Marshall (usnews.com)

Poll Aside, Mitt Romney Hurts the Middle Class - Leslie Marshall (usnews.com) | Election Economy | Scoop.it
A recent poll shows the Republican up with middle-class voters, but his policies prove he isn't the right candidate.
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Why Romney Sounds Like a Confused Banker

Why Romney Sounds Like a Confused Banker | Election Economy | Scoop.it
An odd thing happened Tuesday: Both presidential candidates gave major speeches on foreign policy, a rarity in an election dominated almost entirely by domestic issues. This much was revealed by the competing addresses: Barack Obama’s, to the U.N.
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Who Pays the Corporate Income Tax?

In newly-published assumptions, TPC figures 20 percent of the corporate income tax is borne by labor and 80 percent by capital. TPC further refines the capital share by dividing it into two chunks. Twenty percent of the levy is reflected in normal returns (essentially, equal to the return from low-risk bonds) and 60 percent in any additional returns received by shareholders.

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Stark Differences in Ryan, Romney, Obama Tax Plans

Stark Differences in Ryan, Romney, Obama Tax Plans | Election Economy | Scoop.it
Taxes are moving center stage in the campaign, and Paul Ryan is focusing the conversation. Here's a look at plans offered by Ryan, Mitt Romney and President Obama.
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