Romney’s New Tax Cut Gives Nearly Half Its Benefits To The Richest Five Percent

Romney’s New Tax Cut Gives Nearly Half Its Benefits To The Richest Five Percent: pMitt Romney this week unveiled a new tax plan that includes a 20 percent reduction in all marginal income tax rates. Previously, Romney had said that he’s not concerned about the very rich and is “proposing no tax cuts for the rich.” But during this week’s GOP primary debate, he reneged on that position, saying, [...]/p~~~~thinkprogress.org~~~~