I hate paying taxes. So when someone promises to lower my taxes, they have my attention. Most people feel the same way. In 2010 every Republican running for office in N.C. promised to lower my tax bill. They all got elected. And sure enough they lowered taxes. The problem is they did not lower my taxes. You see I don't make more than $84,000 a year. I make less, so my taxes went up, just like 8 out 10 N.C. citizens.
How could a lower tax rate cause my taxes to go up? Easy; you eliminate those tax breaks for the middle class and the poor. Gone is the Earned Income Tax Credit; a program actually started by Conservatives to aid poor working families. Gone are the deductions for college saving accounts. The personal exemption allowance is eliminated. Business pass-through income deductions and private pension deductions are eliminated. These and many other "adjustments" to the tax code directly result in higher taxes for most of us.