He did not say corporate deduction wouldn't be touched. He said everything was on the table. The math of it is yhe cost of his reduction on personal marginal rates would be 340 billion annually. We exempt 1.4 trillion trough various deductions and credits. How does the math not work?
personal marginal rates and he says he eliminating the taxes on capital gains, atm, corporate profits and a few other things. Thats how the math doesnt work. you're a slick one to throw up that 340 billion and only talk about personal marginal rates. nice lol i had to read your post a few times. almost had me.
so you are guessing too, i guess you have to disqualify yourself, like you did the Brookings institute.
No. My analysis is all together different. I have simpy said the population of tax expenditures is large enough to accomodate a 20% rate reduction. Brookings picked specific credits and deductions to offset the rate reduction, and they happened to pick ones that raised taxes on the middle class and cut them on the rich. romney said his plan will do neither of those things, so Brookings assumptions could not have been right.
Exactly. He is sticking to general statements because the secret cuts he is proposing either don't add up . . . Or will never be accepted by the public. Just look at a detail he gave--he will eliminate public broadcasting, a move that has no public support. Finally somebody is getting tough on Big Bird, that culprit of the federal deficit. More details, more things that citizens don't want to give up just so the very rich can get 6 and 7 figure tax breaks. Mitt simply cannot give the details or we will see that the emperor has no clothes.
