Mitt Romney On Taxes
In September, 2011 Mitt Romney Said He Would Keep The Bush Tax Cuts In Place. The Washington Post reported that “Romney said he would keep the Bush-era income tax cuts unchanged.” [The Washington Post, 9/6/11] CBO: One-Third of The Bush Tax Cuts Went To People With the Top 1% of Income, Who Earn On Average $1.2 Million. “Fully one-third of President Bush’s tax cuts in the last three years have gone to people with the top 1 percent of income, who have earned an average of $1.2 million annually, according to a report by the nonpartisan Congressional Budget Office to be published Friday… The new estimates confirm what independent tax analysts have long said: that Mr. Bush’s tax cuts have been heavily skewed to the very wealthiest taxpayers.” [Washington Post, 8/13/04]