Re: Dear liberal, admit Harry Reid lied through the wrong cheeks
posted at 10/7/2012 12:15 AM EDT
In response to BetheKoolaid's comment:
"Newsflash spanky, if someone makes a 'promise' and then refuses to provide any details when asked, even with publically available data contradicting it, then it ain't just a promise anymore, it's intentional deception....it's a lie."
It is not a lie. Romney's tax plan is to simplify the tax code, taking away many of these unfair special deductions and exemptions and the incredible complexity of the IRS Code. You know, the same deductions and exemptions you rant about (you rant about a lot of things, true enough). Cut the tax rates, and lose complex deductions and exemptions. That will allow the private sector economy to do better, with simplified taxes. The wealthy will pay the same basic amount, with simplified tax rates they can't avoid with exemptions and tax shelters..
"Publically available data contradicting it"? You mean the partisan hacks at the Tax Policy Center just totally inventing tax increases for the middle class not in the Romney tax plan? Romney's plan is not a 5 trillion tax cut for the rich, or a tax increase for the middle class. Romney said he will not detail which deductions and exemptions will be done away with. That is for negotiation. The outline of his plan is clear enough. It is a good idea.
The Obama tax plan? There isnt one, just the usual demagogue class warfare lies... If the Romney plan's lack of specifics is a "lie" , the entire ObamaCare law is a "lie", because ObamaCare lacks details, it leaves thousands of critical details for later determination by unelected bureacrats.
Of course Mr.950 page tax return wants to simplify the tax code. if he can reduce his tax return to 425 pages, mst imagine hw mouth he'll save.
and he didn't say his 20% tax cut would be completely off set by closing loopholes. He said they'd be paid for by closing loopholes AND increases in tax revene from the resulting growth in the economy. his tax cut will increase the deficit in the short term and he has no plan to reduce the current deficit.
why do I get the sense that the "loophole" that gets closed is the mortgage interest deduction.
Romney is going to give a tax cut to the wealthy and the rest of us will have tax increase. By the way, that's known as a redistribution of income from the middle class to the wealthy.