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Jobs v. Loopholes | ThinkProgressQuicklink submitted by Susan Lee Schwartz Permalink |
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| 'Here's a look at the top seven loopholes and giveaways that Republicans think are more important than protecting our economy, jobs, the middle class, and the most vulnerable among us: Extra tax breaks enjoyed by the wealthiest Americans -- $520 BILLION Tax break for companies that ship jobs overseas -- $168 BILLION Special tax breaks for the largest oil companies -- $25 BILLION The loophole that allow people like Mitt Romney to pay a lower tax rate than middle-class workers -- $21 BILLION Tax deductions for vacation homes and yachts -- $10 BILLION The corporate jet loophole -- $3 BILLION Special write-offs for horse breeders (aka the Bluegrass Boondoggle) -- $126 MILLION |
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