Let's talk about taxes for a minute.
And, they're going to be a big issue for the 2012 presidential election.
Of course, no one knows this better than Mitt Romney, who might just be paying a bigger chunk should he lose in November.
According to some number crunching by two nonprofit research groups, the liberal Citizens for Tax Justice and the conservative Tax Foundation, if Mitt loses the election this fall than it could mean he'll shell out a lot more to Uncle Sam under President Obama's proposed tax plan -- about $5 million more.
While the media has been focusing on the sexier issues of gay marriage, the economy, and (ugh!) solar panel companies, both candidates have released their ideal tax plans should they reach the White House. And, surprise, Mitt wants to cut taxes while POTUS wants to increase taxes.
Under the President's plan couples making $250,000 or more a year would see a tax increase, as well as those whose income comes from private equity. (That's you, Mitt!) Also, millionaires would be automatically taxed 30% via the "Buffett Rule" (you again, Mitt) AND the tax provisions from Obama's health-care law kick in next year.
Meanwhile, Mitt doesn't want to do any of that and wants to repeal the health-care law. The funny part is that under Mitt's tax plan, President Obama would play less taxes by almost $100,000.
Geesh, Mr. President. Give yourself a break!
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