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Old 10-16-2012, 07:40 PM   #318
BigV
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Join Date: Nov 2004
Location: Seattle
Posts: 27,063
Quote:
Originally Posted by Flint
Quote:
Originally Posted by BigV
...
How can households pay the same amount of tax if they have fewer deductions, meaning their taxable income is greater?
The way I understood it is because the rate is lower.

this is the core problem I have understanding Romney's tax plan. He says reduce rates, reduce deductions, revenue neutral. Where is this "more money" coming from?
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