...The plan he's really proposing proves it nothing more than the empty promise of a cynical and manipulative politician hiding an actual agenda devoted to tax cuts for corporations and the rich. There's nothing new in this deception, but - in eight years in office - I don't believe Heineman's ever laid it on so thick.
Seriously, at one point in his speech, Heineman actually stated the following:
"Even with our healthy economy, many Nebraska middle class families still struggle from paycheck to paycheck. We can help these families by changing Nebraska's income tax structure and allowing them to keep more of the money they make. If your adjusted gross income is more than $54,000, you are taxed at the same marginal rate as Warren Buffett. That is unfair to middle class families."
When you actually look at Heineman's proposal (see slide 13 here), the big benefit to those middle-class families being treated so unfairly at an income of $54,000 is that they now wouldn't pay the same tax rate as Warren Buffett until their income reaches $60,000. Meanwhile, for single taxpayers, they can still go ahead and start feeling like Buffett when their income reaches $30,000 (previously $27K).
...Heineman's a fraud.
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