Tag: marginal rate

To prove this is a meme of the Republican Party just take a look at this blog post by Robert Stacy McCain (wingnut extraordinaire!): Let me explain something to you, David Axelrod: Obama and the Democrats didn’t “cut taxes” in a way that will stimulate economic growth. They didn’t reduce or eliminate the capital gains […]

So it turns out that the big Republican stimulus package, rolled out by the House Republican leadership on the day of the stimulus vote, may have actually raised taxes. A staffer for the House Ways and Means committee email Greg Sargent this: In 2008, 4.2 million Americans had to pay the Alternative Minimum Tax (AMT). […]