Every year, the IRS adjusts more than 40 tax provisions for inflation. This is done to prevent what is called “bracket creep.” This is the phenomenon by which people are pushed into higher income tax brackets or have...
- USA Today quotes Will McBride on Mitt Romney's Tax P...
USA Today quotes Will McBride on Mitt Romney's Tax Plan
Details of Romney's economic plan keep evolving
By Jackie Kucinich, USA TODAY
April 30, 2012
Will McBride, an economist at the Tax Foundation, said other presidential candidates have changed their plans and included more specifics as time went on, but it is unclear how much the Romney plan will change as the campaign wears on.
"Thus far, Romney's tax plans have been on the timid side, and it remains to be seen if he will move more toward fundamental reform or continue tinkering around the edges of the tax code," McBride said.
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