Our major conclusion is that any revenue-neutral individual income tax change that incorporates the features Governor Romney has proposed would provide large tax cuts to high-income households, and increase the tax burdens on middle- and/or lower-income taxpayers.It has additional analyses of the Obama plan, Romney plan, and the Paul plan collected here.
Thursday, August 16, 2012
The Tax Policy Center on the Romney Budget
The Tax Policy Center of the Urban Institute and Brookings Institution, which is a non-partisan tax center set up by liberal and conservative economists who have served under Republican and Democratic presidents, has this to say about Romney's proposed "budget":
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