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The Top 10 Most Shocking Aspects of Newt Gingrich’s Tax Plan

The Top 10 Most Shocking Aspects of Newt Gingrich’s Tax Plan

 

Written by Michael Linden, Center for American Progress

Republican presidential candidate Newt Gingrich’s tax plan is so extreme—and so unfair to the middle class—that it’s almost impossible to believe that it comes from a serious presidential candidate from a major political party.

For starters, it would cut taxes for the super-wealthy by so much that the normal adjectives (“dramatically,” “massively,” “enormously”) don’t even apply. At the same time, it would introduce a new level of complexity for many middle-class families who would have to calculate their tax bill twice each year to figure out how much they owe.

But that’s not all. Gingrich would slash the corporate income tax rate down to historically low levels while keeping in place every existing corporate tax loophole and special tax break.

The plan would result in the lowest levels of federal revenue in 70 years and it would lead to perpetual trillion-dollar deficits and an exploding national debt.

What follows is a list of the 10 most shocking, ridiculous, and otherwise-unbelievable aspects of Newt Gingrich’s tax plan—plus one shocking bonus fact at the end.

This post was originally published by the Center for American Progress.

 

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Photo from Gage Skidmore via flickr

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84 comments

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9:31AM PDT on Mar 24, 2012

Democrats need a BIG win in november or I am afraid there may be Mass deaths, with them taking HEALTH CARE from people, some MEDICATIONS can NOT be MONKEYED WITH by THESE idiots, HIGH BLOOD PRESSURE MEDICATION taking these medications some one on these can not just be jerked off, blood PRESSURE can SPIKE no WARNING!!!!!!!, massaive STROKES massaive HEART ATTACKS!!!!!! teaparty REPUBLICIANS ON TV NOW this MINUTE with screams yelling THE TEAPARTY IS BACK, ,they are IDIOTS CALLING MEDIA CORRUPT. They are filthy LIARS calling us VIOLENT THEY are violent THESE people are DANGEROUS, they CAN sound GOOD to BRAINWASHED They SAID some PEOPLE can BE pushed ASIDE GOP/TEAPARTY will kill DISABLED,POOR,ELDERLY, EVEN WORKERS . MY husband in a WHEELCHAIR says he is MORE AFRAID OF TURN COAT DEMOCRATS, voting for these IDIOTS. WE ARE CHANGING CHANNELS THEY SAY THEY care for the PEOPLE these people LIE and people need to READ between THE LINES, they MAKE me SICK saying they ARE concerned for people THEY ARE FOR RICH ONLY IF YOU are RICH go for THEM. I am watching SOMETHING else. these idiots KNOW nothing ABOUT "REAL PEOPLE", VOTE your CIRCUMSTANCES, Diana.

8:01AM PST on Dec 21, 2011

Kimberlee - I clicked "yes" that Newt would win the nomination. I didn't choose that because I plan to vote for him - I chose it simply because I think of the people left, he's likely to be the person running for president. That's all.

8:10AM PST on Dec 20, 2011

Wondering who the 40 or so jokers are that voted yes or leaning yes.
You're kiddin', RIGHT???

I'd rather not believe that this country's population has totally fallen off a cliff en masse mentally, all at once, LOL!!

3:21PM PST on Dec 19, 2011

Republicans like Newt, are all crooks and liars, who care only about the wealthy. I don't understand why most Americans who are not rich would vote for these criminal thugs. Has our nation not suffered enough from the republicans and their unpaid for wars based on lies, and tax cuts for the rich? We are 15 trillion in debt. Vote democrat in the next election, and let's get rid of these republican scumbags and liars.

2:15PM PST on Dec 19, 2011

There is not one creditable candidate running for President in the Republican party. They all are wealthy and only wanting to increase their wealth. They are completely out of touch with the majority of our citizens and couldn't care less.

12:52PM PST on Dec 19, 2011

If you want to live in a dictatorship, vote for Newt!!!

11:10AM PST on Dec 19, 2011

That Grinch Newt actually has a shot at the presidency should tell you something about Obama.

11:09AM PST on Dec 19, 2011

Nothing Grinch would do would suprise me.

9:27AM PST on Dec 19, 2011

And the think, there are actualy folks who would vote for this creep.

8:59AM PST on Dec 19, 2011

I would not call it shocking, considering where it is coming from...just stupid

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