Newt’s Plan, Mitt’s Morass
Newt’s boldness trumps Mitt’s meekness.
By Deroy Murdock
Even at 15 percent, the rich will pay more than those less affluent. For argument’s sake, someone who earns $100,000 would pay $15,000 in taxes, while someone who makes $100 million would pay $15 million. Delicate calculations confirm that $15 million exceeds $15,000. The rich will pay many more dollars in taxes, but as a proportion of income they will be equal with everyone else. Hello, “fair share.”
Newt’s boldness trumps Mitt’s meekness.
By Deroy Murdock
Even at 15 percent, the rich will pay more than those less affluent. For argument’s sake, someone who earns $100,000 would pay $15,000 in taxes, while someone who makes $100 million would pay $15 million. Delicate calculations confirm that $15 million exceeds $15,000. The rich will pay many more dollars in taxes, but as a proportion of income they will be equal with everyone else. Hello, “fair share.”
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