PRES. OBAMA continues to have serious challenges with middle class and white blue collar voters, but today David Stockman dismantles that it’s deserved. It’s not a question of mathematics, but one of relating to one another. Because ABC News reports yet another review of how Romney-Ryan economics hurts the middle class.
The House Republican budget for the 2013 fiscal year, passed by the House in June, would raise taxes by $1,358 for jointly-filing households earning between $50,000 and $100,000, assuming the additional income is taxed at a 10 percent rate, according to a report published earlier this summer by the Joint Economic Committee of Congress, authored by its chairman, Casey.
Households with incomes between $100,000 and $200,000 would see their taxes increase by $2,681, the Joint Economic Committee said.
This post has been updated.