The Romney plan: Raise Taxes on middle-class seniors
To pay for his $5 trillion tax plan favoring the rich, Romney would have to cut exclusions and deductions that benefit the middle class by more than 50%-including one that limits how much of a senior’s Social Security benefits can be taxed. Take a look at how Romney’s plan could raise taxes on the benefits seniors paid for and earned over a lifetime of hard work.
$460AVERAGE TAX HIKE ON SOCIAL SECURITY BENEFITS THAT MIDDLE-CLASS SENIORS COULD SEE EACH YEAR.
Nearly 30 MillionFAMILIES THAT COULD FACE THIS TAX INCREASE EVERY YEAR
MILLIONS OF SENIORS COULD PAY HUNDREDS MORE
PRESIDENT OBAMA will protect the guarantee of benefits earned by our seniors after a lifetime of hard work and responsibility. And he will make sure that no one making under $250,000 sees a tax hike – unlike Romney, he won't ask middle-class seniors to pay more, so multi-millionaires can pay less. That is the choice.
