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.


I guess what my comment is what does he consider high end earners? I earned 104K last year, I am a single mom, my daughter goes to college, and I have a home. I paid 24% in taxes last year after my deductions IE: Home interest, property taxes, home office, just basic things. He is saying people that earn more then 100k, can he be a little more specific. I thought that made me the middle class, but what he is saying I am a higher income earner. Ummmmm.....he paid 14% tax, I paid 24%, he made over 250 million, I made 104K. How am I the higher income taxpayer? Losing the home interest tax deduction, and the property tax deduction, will not hurt him. It will kill me and I will see a tax increase. How much more do they think we can take? As it is if he is elected I will be denied insurance for a pre-existing condition when and if ever I can retire someday. Trust me no one will insure someone who had a brain tumor, I miss the 55 cut off by 3.5 years, so I guess I am one of those "it does not work that way" taxpayers he refers to. I am under my employer's insurance now, but as we now that will go away when I retire. So I fall into the to bad so sad category I guess. Guess I get to see myself and others suffer as my father who was a Korean war vet. Uninsureable, and forgotten by the government.
@ChristineO:
I do truly share your concerns. I found out from a visit to my family doctor that I had contracted diabetes, okay? Around the same time I had just bought a new Cadillac and added it to my insurance with full coverage. The diabetes was discovered after the policy was signed but the insurers found that I had gone to my doctor for a neck injury some years before so I got a letter from the insurer stating that since I had a previous neck injury, which has nothing at all to do with diabetes; they dropped the coverage on the Caddy claiming that I had complained of a neck injury prior to taking out the new car insurance policy. They sent my payments back and then UN-insured me immediately!
ObamaCare, has changed all that and now no insurer can cancel me for sh!t that is unrelated and that happened years before. The ACA is a wonderful document indeed! If Splitt Robme repeals it, MANY Americans will lose EVERYTHING!
Right on...
christine O are you at all familiar with ovomitcare at all, other than have your head up his a$$, quit breathing in. You realize that when ovomitcare kicks in your 104000 will now be about 116000 of income if you insure your child. your tax base goes up by the amount of ovomitcare. there will be a box on your w-2 that will show as income to you that you get taxed on. Also people would like to have your job, 104000. quit your whining
@IPCMFG;
If what you say is true; then it is also true of the ACA in Mass. Why is there no one kicking up dust about that? The two men who wrote the ACA have said that they used the same template for both; Mass and the for the nation, so if it is true for one, then it is true for both; YES? NO? lol...
Right on...
I can't help but see Robme/Lyin Ryan, as the Joker and the Riddler; or maybe even Jekyll and Hyde in oneness of body and spirit! Neither of which are capable of telling the truth! The American people represent Batman, the caped crime fighter, and enemy to those who would buy America for their very own singular play toy! These two cannot be trusted to be honest and fair with the people. The very purpose of primaries and each caucus, debates and close-ups; is for us, the voting public, to get a solid view of each candidate and what they are proposing to offer in order to solve the problems Americans share and are concerned about.
Can anyone say at this point that they are comfortable with answers given by the RXR railroad engineers, RobmeXRyan? They are both far too evasive and even if they are guilty of NOTHING; their actions seem to indicate otherwise! Hiding tax info and refusing to give a straight answer to a direct question. The POTUS must make the people "feel" confident that they can be trusted to keep America's creed and core values system.
There is so much at stake this time around! Please; think before you vote!
Right on...
Okay, it is obvious that most of the commenters on this and the previous article have not actually sat down and listened to Romney. Closing loopholes IS a plan. Getting 23 million more Americans working and paying their fair share of taxes IS a plan. Not having to pay 23 million Americans to sit home IS a plan. It is not complicated, but your Democratic leaders want you to believe it is all very complicated and leave the details to them. They want you to repeat Romney Lied/Ryan Lied or Romney has no Plan until they think you convince people that is true. Also, it has been agreed that Romney has paid his taxes (his returns prove it).. 14% of whatever he made is a lot more "redistribution of wealth" than most of us realize. He also contributes a large % of his income to his chosen charities (this is what free markets allow all of us to do - pay taxes for the services we NEED from government(that fabulous infrastructure) and choose for ourselves what unmet needs in our own communities we would like to assist in funding. Has operated for years like this, and Republicans have been proven to be much more charitable than Democrats. I hate to bury this final point so far in my ramblings, but I do have to laugh at Joe Biden's line at the DNC convention, that the Democrats NEVER give up on the American People and what they can accomplish. This statement alone shows you what a misrepresentation of their policies they are trying to sell - if they NEVER give up, why do they believe the government needs to be so involved in our lives? If we Americans can accomplish so much, why do I need to be told what insurance have to carry, how much of my "wealth" needs to be redistribued, etc. Why can't I show government what I can do, as opposed to them managing my life? Are there really people out there who believe that the Democrates have more faith in our individual ingenuity than the Republicans? That MORE government means they believe in you, as opposed to freeing the markets so you can CHOOSE for yourself what you can accomplish? More government means that there will be 2 classes in this country - The politicos who control our money, and the rest of us who have been demoted to a life "equal" to what they deem we should achieve.
ray in jax, try gettin obamas records, paid over a million to keep them sealed. I would put my money in foreign banks also and so would you left wingers if welfare paid enough. Husseins administration will get it shortly, they are already taking money out of retirement accounts. Its nice to know there is at least a couple of people with the sense to have money when hussein obama takes this country down. The other is your buddy billy bob clinton. So you JUNO other than being just a left wing nut are full the presidential hot air. Its nice how your president is so honest and patriotic. My dog is more patriotic than your president. If anyone asks about obamas records, they get sued. you have a great president with nothing to hide. You are an idiot
christineO you are full of the hussein hot air. If your father is a korean war vet he is covered by the VA with no questions asked. Do you just sit down and actually make this stuff up hoping uncle hussein will give you more money. poor little wimp
I am a veteran and I know that I almost went broke dealing with the VA! VA coverage is NOT FREE! It cost just as much as any other medical facility; if not more! AND; if you can't pay, they will drop you in a heart beat! Millions are misinformed about the VA clinics but I can honestly say that they will treat a vet but they will also charge that vet at pretty much the regular rates of any other clinic or hospital!
Right on...
@JLang:
What the hell have you been smoking? Splitt Robme and Lyin Paul Ryan, will say at any given time, what they suppose is the right thing to say in the moment! Twenty minutes later, they retract, or some member of their staff, retracts everything they just said!!! How can these men be trusted? Where have YOU been living sir or ma'am? Splitt has said all along that he would repeal the ACA in its entirety on his first day in office...AND THEN; just over this past weekend he said he liked certain provisions of that same act. Well, he should; it is the same one implemented in Mass that he passed as Gov. He CLAIMS he donates absorbent amounts of his income to charity...charitable giving is allowed so why doesn't he just show what he paid to his charities? Pres Obama is not hiding his tax filings!
Common sense dictates that Splitt is hiding something that will get him into deep sh!t should it be discovered. That is NOT rocket science! Why does he have so many off-shore accounts if he is dealing fairly with the IRS? He has his money in foreign accounts BECAUSE the IRS cannot investigate or access those accounts under the laws of these other countries and THEN he keeps implying that Pres Obama is the guy who is FOREIGN to the USA! Pres Obama's policies are somehow FOREIGN but he is the one, along with Bain Capital who sold and shipped millions of American jobs to overseas vendors!
Go ahead...vote for a known crook just to get rid of that niggar in the White House; but you can't say that YOU believe that Robme/Lyin Ryan are being straight up with the people. You have to know better than that unless your head is screwed on backwards. They are LYING though their gums and I believe you know they are but you are simply a racist! You would rather believe a LYING ass white man, than an honest black man because you are convinced that there is no such thing as; an honest black man!
Right on...
Obama has NO PLAN to fix the economy. NONE. Taxing the "wealthy" will only fund the Government for 10 days at our current spend rate. Then... A VAT tax like the have in Europe that raises the cost of everything you buy by 10 to 20 percent!
Pres Obama's plan is to increase the job market which will in turn increase tax revenues. He has an excellent plan to accomplish this; its called a jobs plan which has been blocked time and again by a do-nothing-Congress!
Repairing the economy is relatively easy when there are no obstructions or obstructionist! Bill Clinton did it but he had the cooperation of Congress. Now; this Congress has vowed to thwart Barack Obama at every turn and they have vowed and signed a document stating that they will not raise taxes on the wealthy. Without tax revenue; it is impossible for the US to raise enough money to pay its bills and creditors. The GOP knows this and that is why they keep refusing to even look at Pres Obama's jobs bill.
They are counting heavily on the assumption that Americans will be too STUPID to look behind the curtain and see the Wizard, (Groover Nerdcrisp), as he works the puppets of Congress from on high! They initiated this plan even BEFORE Barack Obama was inaugurated and it is working on the stupid as planned!
Right on...
Pres Obama's so called jobs plan is flawed for a number of reasons. Not only does concentrate on providing union jobs but it kicks the can down the road by providing temporary grants to local communities for short term non-sustainable hiring.
Not having ANY work and losing your home is better? So what if the work might be temporary? There are employment agencies who seek out temporary help exclusively and I lived on temp positions for a couple of years BUT eventually, with a good string of temp jobs, I got hired on a permanent job and retired from it!
Right on...
There are so many loopholes that not even Biden and Obama could cover them up. Or, is this administration covering up all the loopholes to gain votes? Almost four years, we are still bleeding. We need change and fresh ideas.