Biden: Romney can't say which loopholes he'd close to lower taxes

 

MILFORD, OH – Citing Mitt Romney's appearance on NBC's Meet the Press earlier in the day, Vice President Joe Biden took aim Sunday at Romney's failure to name specific tax loopholes he would close to lower taxes and balance the budget.

"He said that he's gonna pay for all these tax cuts by closing the loopholes, but when asked by Mr. Gregory what loopholes he'd close, he couldn't name one," Biden told a crowd of 700 supporters at a western Ohio high school. 

"All this has a giant price tag and it's not going to come from closing loopholes for millionaires," he added. 


On NBC, host David Gregory asked Romney to specify how he would eliminate tax deductions and exceptions in order to compensate for the enormous financial consequences of his deep tax cut proposals. 

Romney responded only by noting that "people at the high end" would have fewer opportunities for tax exemptions, but he declined to pinpoint any specific numbers or policies. 

“High income taxpayers are going to have fewer deductions and exemptions... Those numbers are going to come down. Otherwise, they'd get a tax break. And I want to make sure people understand, despite what the Democrats said at their convention. I am not reducing taxes on high income taxpayers. I'm bringing down the rate of taxation, but also bringing down deductions and exemptions at the high end so the revenues stay the same, the taxes people pay stay the same. Middle income people are going to get a break. But at the high end, the tax coming in stays the same. But we encourage small business, because small business is able to keep more of what it makes and therefore hire more people, which is my priority.”

The stop in Clermont County, a heavily-Republican area that supported John McCain by a 2-1 margin in 2008, was Biden's final campaign event of a two-day swing through Ohio. He will return to the Buckeye State next Wednesday to campaign in Dayton.

 

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The biggest loophole he plans to shut is the mouth of the far left liberal idiots who keep running their fat mouths about how great Obama is and how he has saved the world from all the evils! He has the same speech he had in 2008 and now in 2012 and is too stupid to get another speech writer! Romney is not going to give the details because this is what Obama wants so he can copy them!

    Reply#250 - Mon Sep 10, 2012 9:25 PM EDT

    how you say is a moron! The idiots at the DNC who booed each other about taking GOD out of the platform is why the America people know these far left radical liberal nuts are out to lunch. Idiots like Sandra Fluke who wants someone else to pay for her condoms and her abortion is why the majority of Americans understand just how goofy these extreme imbeciles are!

    Obama the Alfred E Newman look a like is the biggest radical of all! He wants to make the country a large welfare pot so nobody can reach up and try to get ahead.

    The liberal nuts at the convention who talked about how their grandfather & grandmother came to this country with only $5.00 dollars in their pocket and worked two and three jobs to make a better life. Then they talk about their father and mother and how they worked hard to make it better for their kids.

    But look at the current generation, they don't want to work and want more handouts! No matter if these morons could find work it is to far below their standard to take a $8.50 per hour job! Well then, how about working two or three of them instead of putting your handout for someone to take care of your sorry rearend! You bunch of liberal Obama suckup idiots!

      Reply#251 - Mon Sep 10, 2012 9:36 PM EDT

      I'm afraid the idiot is you pal. Sandra Fluke never asked the taxpayers to pay for her contraceptives you dimwit. She is asking that the health insurance companies pay for it just like they already pay for men's Viagra. And in case you didn't know this, which quite clearly you do not, contraception is indeed part of a woman's health care. If she gets pregnant, it is most definately effecting her body, now isn't it? And beyond that, millions of woman take contraceptives for reasons OTHER THAN CONTRACEPTION!!

      And spare me the lecture on working buddy. Most poor people ARE THE WORKING POOR. Many of them work more than one job. And it never ceases to amaze me that dummies like you on the Right will rail against "Welfare Queens" milking the system and yet you are surprisingly silent when Repubicans decide to give BILLIONS every year to Big Oil and Big Agriculture. Your girl Michelle Bachmann is supposedly a "farmer". She has received well over $100,000 in farm subsidies for doing ABSOLUTELY NOTHING. So you tell me smart guy, who is the real welfare queen???

        #251.1 - Mon Sep 10, 2012 10:17 PM EDT

        I'm afraid the idiot is you pal. Sandra Fluke never asked the taxpayers to pay for her contraceptives you dimwit. She is asking that the health insurance companies pay for it just like they already pay for men's Viagra.

        How do the health insurance companies pay for it? The insurance companies pay for her contraception from premiums; which in the case of mandated health care, everyone including those that pay tax.

        And did anyone ever ask Ms. Fluke is she supported paying for Viagara?

          #251.2 - Mon Sep 10, 2012 10:39 PM EDT
          Reply

          My apologies to anyone here from last nite who read similar comments of mine. I've researched romney for hours, and have listened to most of what he has said...at the RNC, in interviews etc. I just cant shake the sense that there is something seriously wrong with this man. He is a serial liar, but so unashamedly that it's unnerving. His flip-flopping is beyond flip-flopping....he contradicts himself in the course of one interview. I cant decide if he just thinks he's so above it all that it doesnt matter or if he's on meds or something. Maybe he's a sociopath or a psychopath. There is something missing there, something I cant name yet, but I am VERY intuitive and observant, and he just doesnt seem like a whole person to me. He has gotten so off course he doesnt even remember what he's SUPPOSED to be saying. It's almost like he doesnt want to be President. I have republican friends who are horrified right now, and are trying to decide whether not to vote or to vote obama. They agree that there's something extremely bothersome about this man. Any thoughts? btw, I expect the repubs on this board to dump on me so.....feel free.....'cause I'm seriously just asking for others' opinions on this.

            Reply#252 - Mon Sep 10, 2012 9:52 PM EDT

            JULIA, I concur. All politicians, liberal and conservative pander to their base more or less. It's very difficult being a successful politician and never bending the truth here or there. But Willard is in another league entirely. This guy will say anything at anytime to anyone if he feels it advances his interests.

            This is the guy who when campaigning against Teddy Kennedy swore to the Gay communitiy that "I will be further to the Left on Gay issues than Ted Kennedy". Now I happen to have tremendous admiration for Teddy, his shortcomings notwithstanding. I can think of few people who could possible be to the left of him!!! This is the same guy who was pro choice, pro guncontrol, pro minimum wage, pro stem cell research, pro Path to Citizenship, acknowledged Global Warming, refused to sign Grover Norquest blackmail list, spoke out against the Bush tax cuts and has now REVERSED HIMSELF ON EVERY SINGLE ONE OF THESE ISSUES. Which is why even many ardent conservatives can't stand him.

              #252.1 - Mon Sep 10, 2012 10:11 PM EDT

              It's so weird Intrepid that I ask myself, does this guy really want to be President? He doesnt TALK or SPEAK like he wants to....he's not going to have any feet left he's shooting himself there so much. I'm almost (not quite) starting to feel sorry for the guy, he's so inept and EMBARRASSING. I am a Democrat, and I sincerely am not bashing romney....it's just that he's peculiar in a very creepy kind of way. I know, ure right he's changed positions on every single issue....the republican elders must be going nuts right now....more to come, I'm sure.

                #252.2 - Mon Sep 10, 2012 10:16 PM EDT

                JULIA, I say this not as a partisan but there is something very weird and unnerving about Mittens. It's like not all his brain circuitry is not wired correctly. He's certainly not stupid and yet he does and says some incredible things. I think he is all about avenging his father's defeat. His father, a far more honorable guy than his son, was a reasonably open minded person. But you are right, he is very creepy. Even the way he walks, there something very weird about it.

                Yes, stay tuned for further developments, which I'm sure will not be long in coming! LOL

                  #252.3 - Mon Sep 10, 2012 10:21 PM EDT

                  The debates should be VERY interesting......tx for your comments.

                    #252.4 - Mon Sep 10, 2012 10:25 PM EDT
                    Reply

                    of course romney doesnt know what loopholes to close..he has no interest or intention to cut taxes or help out the american people. the man doesnt know whats its like to have to have an actual job, pay bills, to struggle, etc. dont have $$ ??..just borrow from mom and dad is this jackass' solution to problems. him and Ryan are 2 jackass atheists who want to help out their rich buddies and who desire clout.

                      Reply#253 - Mon Sep 10, 2012 10:32 PM EDT

                      mary323

                      Who cares about loopholes? The Democrats had the opportunity to create a "fairer" tax code but didn't. Do you think the wealthy Congress will finally get together to increase their own taxes?

                        #253.1 - Mon Sep 10, 2012 10:43 PM EDT

                        Mary, Romney didn't create loop holes, do you know anyone that could doesn't take advantage of loopholes. Why didn't Obama close the loopholes? The answer is no one in Congress wants to change the way they all become millionares, wise up.

                          #253.2 - Tue Sep 11, 2012 7:50 AM EDT
                          Reply

                          Barack Hussein Obama ll is not an American, but an Islamic socialist. Born from a Communist mother and socialist father. Raised in Indonesia by his step-father Lolo Soetoro, then later, sent to Hawaii to live with his Communist grandparents. There, Barry Soetoro (only 10 yrs. old) was mentored by a known Communist, Frank Marshall Davis and Barry’s grandparents, until he graduated from high school.

                          Barry entered Occidental College as Barry Soetoro, an exchange student from Indonesia. Two years later, he enrolled @ Columbia University where Obama networks with Marxist professors/followers, black radicals and Pakistani students.

                          After graduating from Harvard Law School, Obama meets Bill Ayers, known terrorist and co-founder of the Underground Weather. Obama is inspired by Ayers to run for public office and is supported by the “New Party”, an organization that was originally called the Democratic Socialists of America (DSA).

                          Barack Obama’s 20 yr. association with the Rev. Jeremiah Wright had left Obama with many political scars and enhanced Obama’s desire for social order in government.

                          Today, Barack Obama still claims his devotion to Islam, while mocking Christianity. President Barack Obama plans to cut military spending in half, eliminating 80% of our defense weapons, including nuclear weapons and make the US dependent of energy, especially from petroleum oil. The economy is sliding back into recession, with a good chance to hit rock bottom. If this happens, the free world, as we know it, will be devastated. It will be then when the Islamic nations take over, with the help of Russia, ending democracy.

                          There is a dark side of Barack Obama that separates his ideals from those who live and believe in “We the People………….”. Form your own opinion, if you like, but mine rests heavily on the future of our great nation.

                          May God bless America.

                            Reply#254 - Mon Sep 10, 2012 11:50 PM EDT

                            What is the president's middle name again? I forget.

                            Oh, and where are Mitt's tax returns? I forget.

                              #254.1 - Tue Sep 11, 2012 12:51 AM EDT

                              Yes TopDrum - we know you are concerned about the dark side to Barack Obama. Which is basically the front, back and sides.

                              • 1 vote
                              #254.2 - Tue Sep 11, 2012 12:58 AM EDT
                              Reply

                              I see the right wing using the word stupid and the word intelligence. They say get educated. Let’s talk about that.

                              Romney’s budget includes 5 trillion in tax reductions. 5 trillion less income for the government. And it includes 2 trillion in additional defense spending. 2 trillion in new expenses. That’s a total of 7 trillion. So they are going to add this to the national debt? They say no. That they are going to close loopholes and eliminate deductions. So what can they close or eliminate?

                              One of the big ones is the mortgage interest deduction which is about one trillion. 90% of this will come from the middle class and decimate an already weak housing market. Home values will drop like a rock. I’ll explain if you don’t know why – just ask. Another big one is state and local taxes. Also almost all from the middle class. You will be paying double taxes on your state income tax and your property tax. This will further damage the housing market. Contributions to charity? Many if not most charitable organizations will have to close and Romney might get kicked out of the Mormon church when they stop getting that 10%. The Catholics won’t be happy with him either. There is some other smaller stuff but nothing that would come close to covering the 7 trillion. Or even the 2 trillion of increased defense spending.

                              This is what you people like to call “drinking the kool-aid” But you are the ones doing the drinking. This is what Clinton called “arithmetic” in his speech. Elementary school arithmetic. All democrats and even some republicans like George Will say they don’t understand. And Romney/Ryan won’t tell us the details. Why? Because there are no details to tell. What they want to do would be a bigger disaster for this country than we enjoyed with Bush and Cheney.

                              • 1 vote
                              Reply#256 - Tue Sep 11, 2012 12:54 AM EDT

                              Romney doesn't want to be president to help the United States citizens, he wants to be president, so that he can brag on himself, just like he brags about how much money he has screwed american workers, companies and the IRS out of. He's just your typical blow hard republican puke!!! I just want his lies to catch up with him, so that karma can come around and bite him in the A$$. Don't laugh repugs, karma has a way of dealing with bad people like Liar Romney and Lyin Ryan.

                              O&Joe 2012

                              • 1 vote
                              Reply#257 - Tue Sep 11, 2012 2:15 AM EDT

                              Romney says on Meet the Press that there are parts of Obamacare that he likes and wants to keep. 2 or 3 hours later, the Romney campaign corrects him and says that Romney doesn’t like any part of Obamacare and doesn’t want to keep any of it. Does it disturb any of you right wingers that Romney is not making the decisions about what he likes and what he wants to do as president? Do you know who is making those decisions? Do you know who would be running the country if Romney got elected? Do you care?

                                Reply#258 - Tue Sep 11, 2012 2:59 AM EDT

                                Specifics, Obamas plan is specific, we're going to stay on this failed track for the next four years, no need to change this is working just fine, at least for those that are working .

                                  Reply#261 - Tue Sep 11, 2012 7:43 AM EDT

                                  Funny how the Obama camp is demanding details from Romney when all we got from Obama in 2008 was hope and change, yes we can.

                                    Reply#262 - Tue Sep 11, 2012 8:20 AM EDT

                                    Willard's tax cuts for the wealthy will cost $5 trillion over ten years. Couple that with the $2 trillion in INCREASED SPENDING he wants on defense and were looking at an ADDITIONAL $7 trillion in debt. What loopholes and deductions are you going to eliminate to make that up Willard?

                                      Reply#263 - Tue Sep 11, 2012 8:22 AM EDT

                                      How about we start with the $70,000 deduction for a dancing horse?

                                      $ 6,999,993,000 to go.

                                        #263.1 - Tue Sep 11, 2012 8:42 AM EDT
                                        Reply

                                        Romney is going to close the loopholes that he used to launder his money through so the money he hasn't paid taxes on cannot be tracked.

                                        He will try to open up other loopholes such as the Death Tax where taxes are removed on money and items given to others in a will upon their death.

                                        Theoretically Romney could bring money in from his campaigning then give it as a gift to someone who is old where they then will it to someone else that is aligned with Romney where upon their death the money from the campaign who find its way back into the hands of Romney that because of it being donated to him he does not have to pay taxes on it.

                                        With the Death Tax repelled he wouldn't have to pay taxes on it through willing it to someone else.

                                          Reply#264 - Tue Sep 11, 2012 9:40 AM EDT

                                          Is a car elevator deductible?

                                            Reply#265 - Tue Sep 11, 2012 9:50 AM EDT

                                            This is always the problem. These 2 crooked parties have certain platforms that individuals think they have to follow and voters are so stupid that they can't see how ridiculous this is. It is always the dems that are supposed to spend and take care of the needy and the hurting and repubs who are the kings of tax cuts and defenders of the business. Well people that is BS and anyone who buys into is never going to understand. Do you actually believe the present admin is going to stand in the way of any benefits to corporations or tax cuts to anyone??? No way they are as much in the hip pockets of big business as the repubs. And do you think for one moment repubs would stand in the way of any spending bills that would hurt their chance of getting re-elected??? No way. All DC is about is gaining money and power and getting re-elected. People are struggling right now so what if you give them a small tax cut. To an individual it really means nothing. But to the United States it could mean billions. If this tax cut is handed out then will DC cut spending to match it???? Heck no they will increase spending because the repubs in order to look good and get the cuts will have to pay off the dems so they look good in maybe increased spending for unemployment or welfare assistance programs. Who is the winner???? Surely not the US workers. The only winners ever are the politicians and those who live off of the government and it will never change unless we send a message to DC by voting out every incumbent and letting them know we will do this every election until you realize it is the citizens of the US who run this country, not big business and big government.

                                              Reply#266 - Tue Sep 11, 2012 10:10 AM EDT

                                              Let me see, the democrats were in total control from Jan. 2008 until Jan. 2011 and all they accomplished was passing a health care bill that none of them had read. Sounds like a pretty smart group to me if you are still in high school, which I think this administration qualifies. Obama specifics are Bush did it. I am still the victim says our chief dufus.

                                                Reply#267 - Tue Sep 11, 2012 10:28 AM EDT

                                                They also passed the Lilly Ledbetter Act, the stimulus package and bailed out the auto industry. And they did it with no help from congressional Republicans.

                                                Conservative logic says he didn't fix decades of structural government problems in 2 years then we obstructed him for another 2 years so he's a failure. That's laughable.

                                                  #267.1 - Tue Sep 11, 2012 10:46 AM EDT

                                                  Incorrect on total control. The Republicans have set a record with the intransigent use of the filibuster.

                                                    #267.2 - Tue Sep 11, 2012 11:17 AM EDT

                                                    Pablo, when you state facts, like "total control" please get them right, if you can stretch your brain that much.

                                                      #267.3 - Tue Sep 11, 2012 12:01 PM EDT
                                                      Reply

                                                      If I was RomneyI wouldn't tip my hand either. Obamamama hasn't had an original thought since he took office. If Mitt told, Obamamamamama would probably impliment immediately to help secure another 4 years. If I was Mitt, I'd simply say," I have a DEFINITE Plan. I also have a team selected to jump on this from the git-go. I;m not hiring X-Wallstreet people who can't find jobs in the private sector. I have tried and proven people from the business industries that understands business, government, spending and they will GET THE JOB DONE. No more entitlements without more of a thought process other than getting reelectedf.

                                                        Reply#268 - Tue Sep 11, 2012 11:11 AM EDT

                                                        Beardown.....Obviously you have never worked for a private(non-governmental) job. If you had you would understand when a company hires a NEW CEO it's usually , BASED ON THAT PERSONS PAST EXPERIENCE, to turn the company around. Highly paid, ususally, because of their background and knowleget. A good CEO doesn't concentrate on BLAMING the last CEO, his job, regardless of who created the mess is to get in there, roll up his sleeves, hire people he may have worked with previously who have a GOOD TRACK RECORD, and clean up the mess. Obamamama hasn't done this because he is incapable. He has no background experiece to draw from. He has only fly-by night young inexperienced X-Wall Street executives and they are obviously more of a hinderance than a help. If, you're in favor of continued spending (throwing good money after bad) then Obamamama is your man. If you want to see a smaller Government, Reduced Spending, More accountability, then Mitt is the person. Unfortunately, you're a die-hard Democrat, regardless of the qualifications of the individual and therefore you have the inability of foresight. I vote for the person (with the qualifications) not the party. I even voted for Cllinton twice. Foolishly I even voted for Carter and rightfully, at the time Kennedy.....but to vote for Obamama AGAIN!!!! is total stupidity. Chew on this for a while !!!!

                                                          Reply#269 - Tue Sep 11, 2012 11:38 AM EDT

                                                          You assumptions are amusing. I'll start at the bottom, I'm not a die hard Democrat. I'm a die hard Liberal. So your prescription for less spending, more accountability and smaller government doesn't sway me.

                                                          You don't want less spending, you want different spending. I don't care about "small government", it's much better to have "limited government". If your version of accountability is to start wars we can't fund then cut taxes....I'll pass. I prefer the kind of accountability that says no special treatment for well funded special interests.

                                                          Now, on the "track record" of CEOs. You're absolutely wrong, CEOs cycle around from company to company with the same understanding that Mitt Romney had as a CEO....you win some you lose some. What Mitt understands but you've failed to grasp is that sometimes the problems are bigger than what can be overcome in a short period of time. Sometimes, 2 years isn't enough to turn around all the woes of a company/country.

                                                          The problems we faced at the end of 2008 couldn't have been completely fixed by ANYONE. What we needed the turnaround from losing 800,000 jobs a month to positive growth and that's exactly what we got.

                                                          Now we need to take the next step and build on that and create real positive momentum.

                                                          What Mitt knows but won't tell you is that if he's the CEO and his executives undercut him or say "you've had 2 years so we're going to fight everything you do", those executives are FIRED. Fortunately, POTUS can't fire members of congress if they become intransigent.

                                                          CEO ain't POTUS. The 2 aren't even analogous.

                                                            #269.1 - Tue Sep 11, 2012 11:51 AM EDT

                                                            Bear, you are a grown up man and should know that facts don't count, so let it go.

                                                            • 1 vote
                                                            #269.2 - Tue Sep 11, 2012 11:55 AM EDT

                                                            Hey Woodward, please read my #270 and you will see how Mitt's plan works for you. And for all.

                                                            Your talking points are a paste from Fox, Limbaugh, Hannity and the rest of the scumbags, inhabitants of the gutter who make millions talking to people like you.

                                                              #269.3 - Tue Sep 11, 2012 12:00 PM EDT

                                                              You obviously have no idea of where this country was when Bush left office. We were in a near disaster and people like you where running around with their finger in their ear saying "Duh, what happen?". Read the Ryan Plan under HR-4529 then tell me Romney has a better plan. Or tell us how a "no increase in revenues", as Romney stated on Meet the Press this past week, could possibly increase employment as he says it will. Listen to what the man saids and you'll see he has absolutely no logic to his ideas, just criticism and then some hair brain assumption. Regardless, you can bank on him destroying the middle class in every area he can and we will literally hate the man and his ideas before he finished 6 months in the WH. So, why put him there?

                                                                #269.4 - Tue Sep 11, 2012 12:24 PM EDT
                                                                Reply

                                                                Romney/Ryan:

                                                                We have a plan to create jobs, but we can't tell you what it is.

                                                                We have a plan to close loopholes for the billionaires, but we can't tell you what it is.

                                                                We have a plan to reduce the debt, but we can't tell you what it is.

                                                                We have a plan to shrink the budget, but we can't tell you what it is.

                                                                We have a plan to fix the economy, but we can't tell you what it is.

                                                                We have a plan, but we haven't seen it yet.

                                                                  Reply#270 - Tue Sep 11, 2012 11:53 AM EDT

                                                                  Can't believe I was so wrong. So what's being said is that it's ok to spend more that we take in ( AKA) bankruptcy, as long as we spend it DIFFERENTLY. I can't help but laugh. Your logic is why we owe China 2.6 Trillion, why GM has 25 BILLION of our money that they won't have to pay back. This is why all the Green Companies Obmamamama financed went bankrupt. THAT'S ok because Trial and Error is O K as long as it the publics money. That's ok to cut Can't believe anyone thinks its OK to spend your way out of trouble. But, in the long run, I guess I do agree with you, what the hell, it isn't my money and doesn't directly affect me.

                                                                    Reply#271 - Tue Sep 11, 2012 12:09 PM EDT

                                                                    Can't believe I was so wrong. So what's being said is that it's ok to spend more that we take in ( AKA) bankruptcy, as long as we spend it DIFFERENTLY. I can't help but laugh.

                                                                    Yes, that is word for word the Romney platform.

                                                                    I don't want Obamacare/ACA, but I want all the expensive things that people like without having to pay for them because people don't like the pay fors.

                                                                    I want all the spending but I want it to go to different people.

                                                                    Don't let them fool you, tax cuts and wars are expenditures. And you're right, that's why we own China so much money. But you lie about GM. If a Republican had bailed out GM, you'd be calling it a subsidy and everything would be fine.

                                                                      #271.1 - Tue Sep 11, 2012 12:21 PM EDT

                                                                      And a little addition to the CEO argument. A CEO who said he has a plan but won't tell you until he's hired is an unemployed CEO.

                                                                        #271.2 - Tue Sep 11, 2012 12:23 PM EDT
                                                                        Reply

                                                                        Romney has his plan, but he will not disclose it because he knows it would destroy his chances for election. If he even thinks along the lines of Ryan, then we are in for a rude awakening in the middle-class because the Ryan Plan is a path to raising the wealthy and lowering the middle-class with tax modifications, a health plan designed to take away benefits for the poor and retired, and a new retirement system which will diminish the security of retirees who lack the wealth that Romney enjoys. This man is an unspeakably disaster to every individual who does not share in his greed or his lack of concern for the average working American and our next generation. Not only will the Romney/Ryan policies not work, but they are even worst than one can imagine. There is a very good reason that neither man will give any details when questioned. It's not that they don't know the details, but rather they know how distasteful they would be to 98% of Americans. I strongly urge each and every American to go online and read the 'The Ryan Plan' under HR 4529. Then consider your vote. This is for every Democrat and Republican who might have concern for their future and that of their family.

                                                                          Reply#272 - Tue Sep 11, 2012 12:10 PM EDT

                                                                          On the one hand he says ... "... the taxes people pay stays the same."

                                                                          Then in almost the same breath he says ... "small business is able to keep more of what it makes."

                                                                          H'UH ... ? How do you have a system were what you pay is the same, but you get to keep more of what you make ??? Does he REALIZE how idiotic he sounds???

                                                                            Reply#273 - Tue Sep 11, 2012 12:28 PM EDT

                                                                            Romney: "We'll close all the loopholes I don't use."

                                                                              Reply#274 - Tue Sep 11, 2012 12:35 PM EDT

                                                                              The only way his tax cuts could possibly be revenue neutral is to end the mortgage interest deductions and tax free health insurance premiums for all Americans.

                                                                              So he gives the rich a fat tax cut and sticks it to the rest of us.

                                                                                #274.1 - Tue Sep 11, 2012 12:53 PM EDT
                                                                                Reply

                                                                                Can Willard deduct the salary of the lobbyist that comes with his new mansion?

                                                                                  Reply#275 - Tue Sep 11, 2012 1:24 PM EDT

                                                                                  Why do they keep asking Romney about this? The answer is obvious and to find it you simply have to look back at the reign of their hero, Ronald Reagen. It was during his administration that deductions for interest paid on car loans, credit cards, and personal loans were eliminated causing taxes on the middle class and the poor to go up. About the only thing left is the mortgage interest deduction. Well guess what? It's on the chopping block along with the deduction for employer paid medical plans. I don't know about you but without those deductions my tax bill would go up about $1500 a year. I don't know who's doing their math but it sure doesn't sound like a tax cut for the middle class to me.

                                                                                    Reply#276 - Tue Sep 11, 2012 1:40 PM EDT

                                                                                    And it won't be long before they attack EITC.

                                                                                      #276.1 - Tue Sep 11, 2012 1:55 PM EDT
                                                                                      Reply

                                                                                      Willard won't name what deductions he would end and Ryan says they will leave it up to congress. Every tax deduction comes with a lobbyist to ensure that it continues, except of course the ones that benefit the middle class.

                                                                                      Who do you think will lose in that situation?

                                                                                        Reply#277 - Tue Sep 11, 2012 1:43 PM EDT
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