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Study: Mitt Romney’s tax plan could save millionaires $87,000 and raise taxes on the middle class | Naked Politics

Mitt Romney's plan to overhaul the tax code would produce cuts for the richest 5. estate tax and eliminate taxes on investment income for middle-class taxpayers. in a net tax cut for high-income taxpayers and a net tax increase for lower- and/ or. Millionaires would get an $87,000 tax cut, the study says.

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President Obama has reproached Mitt Romney for not providing details on. is able to cut taxes by $5 trillion without raising taxes on the middle class or. class with the bill for $5 trillion in tax cuts favoring millionaires and billionaires.. mashable explores the trends changing politics in 2012 and beyond in.

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Residential lending drops 84% from peak year

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