From the numbers I have seen, it looks as tho the Romney Public Welfare for Weathy Plan is more of the same, if not worse. How much more of this should we take? Here are some rough numbers.
Romney' Public Welfare for the Wealthy: $5 trillion tax break for wealthy over 10 yrs. Thats $5,000,000,000,000 or $5,000 billion or $5,000,000 million. Sound like alot?
Average Tax Payer: $2,000 per year increase. Over 10 yrs that is a $20,000 increase to you.
Now if you divide that $5 trillion by total number of individual returns you will have an added liability of $35,460 per individual. Add in the $20,000 and you get $55,460 over 10 yrs or $5,546 a year per individual. And that is only to keep what we have now. Otherwise, we can see a slow death at a rate of $500,000,000 per year. That's a lot of highway, schools and other infrastructure gone. How does this math add up? How much can they possibly cut and where to cut from to make these numbers work. This is all by design to destroy all the headway made since the last crash. The social contract will be broken as the social safety net is thrown over for austerity. And you think Mr Money Bags is just a figure on a Monopoly board. All of this will fall on the backs of Americans across the board. If you think you pay to much now for to little, where do you think this will leave you? Bankrupt lives in a bankrupt country. Is this the America of your parents, grandparents and great-grandparents. I don't think so.
More reading on this topic: Forbes, Reuters, Money,CNN, ABC, Washiington Post, Tax Policy Center
