June 7, 2011 03:23 PM | Permalink |
Former Minnesota governor and presidential candidate Tim Pawlenty has released his proposed tax plan, including very specific rate cuts and exemptions for investment income, and vague promises to eliminate tax loopholes. Even if he eliminates all itemized deductions and credits, millionaires would still receive an enormous income tax break under the plan.
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Pawlenty Plan Would Cut Income Taxes for Richest 400 Americans by 73 Percent]]>Photo via Gage Skidmore Creative Commons Attribution License 2.0]]>