Tuesday, February 25, 2014

House GOP Tax Plan


The House Republicans' tax code would decrease the income tax rate from 39.6% to 25%. In doing this, America's wealthiest homes would have to take on a surtax. On Wednesday, this information will be released through the print media. Taxes are not being dramatically altered; instead, the change is only slightly modified. If the wealthy were to be charged a surtax, this could lead to a less extreme form of communism. Just because the wealthy have acquired more money does not give the government the right to give them more taxes. 

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