Current Events — HabitableZone

Current Events » in reply to I might have to break down and get a Twitter account.

You would be just as wrong on twitter- maybe more brief, but still wrong...

From the transcript...

https://www.washingtonpost.com/news/the-fix/wp/2015/10/28/the-third-republican-debate-annotating-the-transcript/

HARWOOD: Senator Rubio, 30 seconds to you.

The Tax Foundation, which was alluded to earlier, scored your tax plan and concluded that you give nearly twice as much of a gain in after-tax income to the top 1 percent as to people in the middle of the income scale.

Since you're the champion of Americans living paycheck-to- paycheck, don't you have that backward?

RUBIO: No, that's -- you're wrong. In fact, the largest after- tax gains is for the people at the lower end of the tax spectrum under my plan. And there's a bunch of things my tax plan does to help them.

Number one, you have people in this country that...

HARWOOD: The Tax Foundation -- just to be clear, they said the...

(CROSSTALK)

RUBIO: ...you wrote a story on it, and you had to go back and correct it.

HARWOOD: No, I did not.
RUBIO: You did. No, you did.

(APPLAUSE)

(CROSSTALK)

HARWOOD: Senator, the Tax Foundation said after-tax income for the top 1 percent under your plan would go up 27.9 percent.

RUBIO: Well, you're talking about -- yeah.

HARWOOD: And people in the middle of the income spectrum, about 15 percent.

RUBIO: Yeah, but that -- because the math is, if you -- 5 percent of a million is a lot more than 5 percent of a thousand. So yeah, someone who makes more money...


Where is Harwood's lie?
http://taxfoundation.org/article/economic-effects-rubio-lee-tax-reform-plan

see Table 3

For example, the after-tax income increases would be 17.8 percent on average, 23 percent for the 10-20 percent decile, 27.9 percent for the highest 1 percent, and 15.3 percent for the 50-60 percent decile.


Harwood did have to correct an error in an earlier tweet, but he was factually correct in the debate. Maybe the Federalist isn't the best place to get your information...?

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