Wealthy voters liked Romney before: they may like him even more now.
Romney’s choice of Paul Ryan as his running mate has focused the national spotlight on the role of the wealthy in the economy. Ryan, even more than Romney, believes that successful job creators and smart risk-takers should be encouraged rather than taxed.
Obama believes the wealthy have been rewarded enough and should pay more of their fair share.
It is this fundamental difference – between the “job-creator” view and the “fair-sharers” – that lies at the heart of the way each of these three politicians approaches taxes for the top earners. It is also the difference that has been, and will be, debated constantly by pundits.
But what are their actual plans for taxing the wealthy?
To get beyond the hyperbole and into the numbers, we searched out the details of tax plans put forward by Romney, Ryan and Obama. Each of the plans has been crunched by the non-partisan Tax Policy Center. Here is how each plan would effect high-earners.
Each of these assume that the Bush tax cuts are extended for all taxpayers and are estimates for 2015.
Paul Ryan really has two plans: his 2010 "Roadmap for America’s Future" and the budget he put forward in the House. Both plans call for a top tax rate of 25 percent, down from the current 35 percent.Page 1 of 4 | Next Page