90 Days, 90 Reasons Staff
REASON 104: Romney would give millionaires $265,000 on top of the Bush-era tax cuts.Mitt Romney wants to reduce corporate taxes from 35 to 25 percent. He would also cut the top marginal income tax rate to 28 percent. He also wants to eliminate the estate tax, end the AMT, and repeal the Affordable Care Act. When totaled, the tax breaks that Romney/Ryan propose would give millionaires $265,000 on top of the Bush-era tax cuts.
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