Tim Pawlenty’s Tax Cuts Are Bush’s On Steroids — Lots Of Steroids

Brian Beutler
http://tpmdc.talkingpointsmemo.com/2011/06/chart-of-the-day-tim-pawlentys-tax-cuts-are-bushs-on-steroids----lots-of-steroids.php


Tim Pawlenty has a plan for America, and it would force the government out of just about every sphere of American life where it exists now.

Pawlenty's tax plan, by design and effect, would dramatically erode the government's revenue base. As noted here, his plan would reduce the top individual income tax rate from 35 percent to 25 percent, cut the top corporate rate from 25 percent to 15 percent, and allow pass-through corporations to pay taxes at the corporate -- not the individual -- rate. He also wants to completely eliminate capital gains taxes, taxes on dividends and interest, and the estate tax.

An independent analysis found that it would cost the Treasury over $11 trillion over the course of a decade -- nearly three times the cost of the Bush tax cuts -- most of which would benefit the wealthiest Americans.

But how severe would the upward redistribution be? The Center on Budget and Policy Priorities crunched the numbers and came up with a handy chart.

Oh ............. he is not guaranteeing anything is he

...idiot wants "More of the same" ??

I thought the populace of Florida was a pack of nuts but Minnesota is giving them a run for the money...

This year they're like Giuliani and 911: a noun, a verb, and a tax cut.

I have cancer but no insurance. A tax cut can solve it.

My parents just lost their house to foreclosure. A tax cut should remedy it.

My friend just lost his job. Hey, a tax cut will take care of it.

The earth is about to be destroyed by a giant asteroid. Let's have a tax cut!

Tax cuts. That's all they've got!

I refuse to settle for crazy when I can vote for insane.