Charlie: Dick Armey is trying to ruin our Love!
Specifically, he says you don't really love me at all. In todays WSJ he calls your plan "the mother of all tax hikes" and says it will raise taxes for "individuals earning above $150,000 and couples earning over $200,000".
Could the love note Greg passed me have been a fake? Do you just want my money?
Amazingly though, Armey is touting a tax plan that almost certainly will raise my taxes:
All taxpayers would have a standard individual deduction of $12,500, and individuals earning below $100,000 would pay a flat 10% of income, while individuals earning above that would pay 25%. Calculating taxes would take less time than brewing a pot of coffee.
Dick, I'm pretty sure I do better than that with the current system, so stop trying to come between me and my Charlie!
Labels: economic policy