Memo to Mitt Romney: Your Medicare plan is not popular

One more quick poll-related post today – also courtesy of the Kaiser Family Foundation – done with the Washington Post and released on the 11th of this month. Here is the result of asking Americans what the future of Medicare should look like:

And here is, drumroll, Mitt Romney’s plan for Medicare (emphasis mine):

Medicare is reformed as a premium support system, meaning that existing spending is repackaged as a fixed-amount benefit to each senior that he or she can use to purchase an insurance plan

While we’re at it, you know what is a popular idea?

 And how Mitt Romney feels about that idea (my notes in italics):

  • Make permanent, across-the-board 20 percent cut in marginal rates [Which would reduce the marginal tax rate for those with incomes of 250k or more by 4.5 percentage points.]
  • Maintain current tax rates on interest, dividends, and capital gains [Which are overwhelming beneficial to those making more than 250k a year.]

What the heck, let’s do one more:

Raising taxes on the middle-class is not so popular: check. So what does Mitt Romney’s maddeningly-vague plan do? Yeah, it inevitably raise taxes on the middle class (and, by the way, everyone else but the wealthy):

 

Chart via Derek Thompson, with this explanation (my emphasis in bold):

In TPC’s [Tax Policy Center] illustration, Romney’s plan would raise taxes on every income group except for the top 5 percent. The blue tips in the graph below show you what happens to effective tax rates in a revenue-neutral Romney tax plan. When the right bar is higher than the left bar, that’s where Romney’s tax rate is higher than today’s tax rate.

Hm. I’m sensing a pattern here…

 

Advertisements

One response to “Memo to Mitt Romney: Your Medicare plan is not popular

  1. Pingback: Yup, still not popular (Medicare Voucher Edition) | Punditocracy·

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s