News And Information On Wall Street, The Crooks That Run It, The Money Wall Street Uses To By Politicians And Coverage Of The People Standing Up To This Greed And Corruption
Tuesday, July 24, 2012
Senate GOP Provides $1.1 Million Tax Cut To Wealthy Estates While Raising Taxes On 20 Million Working Families
Senate GOP Provides $1.1 Million Tax Cut To Wealthy Estates While Raising Taxes On 20 Million Working Families: The Senate GOP plan to preserve the Bush tax cuts on incomes above $250,000 already amounts to a budget-busting tax cut for the rich, and in addition to it, Minority Leader Mitch McConnell (R-KY) and Sen. Orrin Hatch (R-UT) also added another tax cut that benefits only the super-wealthy. The Hatch-McConnell plan effectively eliminates the [...]/p