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Middle class could face higher taxes under Republican plan, analysis finds
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Contributor | RP |
Last Edited | RP Jun 20, 2012 01:15pm |
Category | Analysis |
News Date | Jun 19, 2012 01:00pm |
Description | The tax reform plan that House Republicans have advanced would sharply cut taxes for the wealthiest Americans and could leave middle-class households facing much larger tax bills, according to a new analysis set to be released Wednesday.
“According to this report, while millionaires will receive a huge tax break, earners making under $200,000 will see their taxes rise significantly,” said Sen. Robert P. Casey Jr. (D-Pa.), who chairs the Joint Economic Committee. |
Article | Read Article |
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