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Old 04-14-2011, 08:48 PM   #43
spence
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Quote:
Originally Posted by RIJIMMY View Post
get your facts straight. the bi-partisan commission called for LOWER tax brackets across the board AND removing the major deductions FOR ALL. So revenues would increase overall. But it wasnt just the top earners bearing the ENTIRE burden
You should really read the plan. From Section II of

http://www.fiscalcommission.gov/site...h12_1_2010.pdf

Quote:
Maintain or increase progressivity of the tax code. Though reducing the deficit will require shared sacrifice, those of us who are best off will need to contribute the most. Tax reform must continue to protect those who are most vulnerable, and eliminate tax loopholes favoring those who need help least.
-spence
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