Details view: Municipal bond concession

Views
Add
Edit
- Edit page
- Delete page
Share
Login
- Member login
- Register now for a free account
🔎

Municipal bond concession Unterstützendes Argument1 #231237

Immediately related elementsHow this works

Visualizing the Romney Tax Debate »Visualizing the Romney Tax DebateVisualizing the Romney Tax Debate☜Tax reform has emerged as a major bone of contention in the 2012 Presidential election campaign. While President Obama has identified some tax changes, Governor Romney proposes major systemic reform. But is his plan - especially the proposals for individual taxation - viable?☜F1CEB7

▲

Romney's plan stated »Romney's plan statedRomney's plan stated☜For individual taxation, Romney proposes rate cuts for all taxpayers to be funded by reducing or eliminating various tax preferences. His plan aims to do this without raising the tax burden on low and middle income taxpayers, defined as $200,000 or less. It also abolishes several other taxes.☜59C6EF

▲

But does it compute? »But does it compute?But does it compute?☜In early August the Tax Policy Center produced an analysis showing that achieving all the goals of the Romney plan is mathematically impossible. Romney cited six studies in reply. Economists, journalists, bloggers and others then joined in on both sides. So is the plan mathematically possible?☜FFB597

▲

No - it does not compute »No - it does not computeNo - it does not compute☜The Tax Policy Center argues in its analysis that the various elements of the Romney plan cannot all be achieved. The TPC paper has been invoked and/or defended by almost all of the critics of the Romney plan in the debate.☜59C6EF

▲

The TPC case »The TPC caseThe TPC case☜The essence of the Tax Policy Centers argument is contained in the excerpt from their paper cited below. We have parsed the argument into a set of premises that must be true for the argument to hold and mapped the debate about each.☜98CE71

▲

Available savings claim »Available savings claimAvailable savings claim☜The TPC set out a number of assumptions concerning the amount that could be raised by eliminating tax expenditures that benefit high income earners in the individual tax system (the analysis does not include corporate tax). These are enumerated in the cited section.☜FF97FF

▲

The critics challenge »The critics challengeThe critics challenge☜Critics of the TPC analysis question the exclusion of two major tax preferences - the exclusion of interest on state and local bonds and the exclusion of inside-buildup on life insurance vehicles. According to the TPC eliminating these exclusions could raise $45 billion in tax revenue.☜EF597B

■

Municipal bond concessionMunicipal bond concession☜☜98CE71

●

Savings overstated »Savings overstatedSavings overstated☜☜EF597B

Heading

Summary

Click the button to enter task scheduling information

Details

Enter task details

Message text

Select assignee(s)

Due date (click calendar)

RadDatePicker

Open the calendar popup.

Calendar

Title and navigation
Title and navigation
<<	<	November 2024	>	<<

November 2024
	S	M	T	W	T	F	S
44	27	28	29	30	31	1	2
45	3	4	5	6	7	8	9
46	10	11	12	13	14	15	16
47	17	18	19	20	21	22	23
48	24	25	26	27	28	29	30
49	1	2	3	4	5	6	7

Reminder

Ready to post Copy to text

Task assignment(s) have been emailed and cannot now be altered

Lock

Comment graphing options

Choose comments:Comment onlyWhole threadAll comments

Choose location:To a new mapTo this map

New map options

Select map ontology Graph to private map

+Kommentare (0)

- KommentareKommentar hinzufügenNewest firstOldest firstShow threads

+Verweise (0)

- VerweiseHinzufügenList by: CiterankMap

+About

- About

Eingabe von: Peter Baldwin
NodeID: #231237
Node type: SupportiveArgument
Eingabedatum (GMT): 10/18/2012 6:08:00 AM
Zuletzt geändert am (GMT): 10/18/2012 6:08:00 AM
Show other editors
Eingehende Kreuzverbindungen 0
Abgehende Kreuzverbindungen 0
Durchschnittsbewertung 0 by 0 Nutzer

x Select file to upload