Meet The Candidates: 2012 GOP Thread

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Pawlenty proposes three-tier income tax system - Yahoo! News

In a speech expected to be heavy on specifics, Pawlenty was ready to propose a three-tier income tax system:

• The estimated 45 percent of U.S. households that did not pay income taxes in 2010 would see no change in their tax rates.

• Individuals would pay 10 percent tax on the first $50,000 of income. Couples earning $100,000 would also pay that rate.

• "Everything above that would be taxed at 25 percent," Pawlenty said.

He also wanted to cut business taxes, reducing the current rate from 35 percent to 15 percent.

Why do ****ing idiots keep thinking that cutting taxes to businesses are going to "create more jobs!!"? The definition of insanity is doing the same things over and over expecting different results. I guess the GOP isn't even remotely trying to hide who they represent these days.

"I think it's ironic that he's talking about a fiscal plan for the entire country when he left his state a mess," Gov. Mark Dayton said in an interview. "He decided he was going to leave and left it to his successor. They knew they were going to kick this down the road."

Irony indeed.