New York (CNNMoney) – Presidential candidate Rick Santorum's proposals to change taxes haven't drawn much attention yet. But that is likely to change now that his standing in the Republican field has risen.
The former conservative senator from Pennsylvania would reduce the number of income tax brackets from six to two (10% and 28%) and triple what his campaign identifies as the personal deduction that parents can claim for their children.
Just keep reducing revenue, and that will lower the debt? That worked so nicely in 1929.
Prediction: The entire slate of candidates for the GOBP deathcult this year will ignore the wishes of two thirds of our nation (including two thirds of the 1%ers), That two thirds wants an end to the Bush tax cuts for the filthy rich and a new millionaire's surtax.
Each and every deathcult candidate should be asked to state clearly why they have chosen to ignore the wishes of two thirds of America. The answers will be interesting, to say the least.
the fast lane to now where
Santorum's Tax Plan is refreshing and much-needed. Whether you find yourself in the 10 or 28 percent bracket, Everybody pays a fair share! Enough of Obama's Wealth Distribution Scheme. Coupled with appropriate SPENDING CUTS and the downsizing of the Federal Government, adding the 49 percent of Americans currently paying NO taxes would soon turn our Economy around!
His tax plan is very flawed.
Heck of a plan, Rick. Criminalize birth control, and reward unfettered breeding. This sounds something like what the Taliban promoted in Afghanistan- the stuff we went to war to STOP.
More GOP/TP lunacy.
"triple what his campaign identifies as the personal deduction that parents can claim for their children."
But only give it to straight married couples raising children.