Quote:
Originally Posted by Adak
You may not like Romney and Ryan's tax plan, but at least it's moving us in the right direction: cut spending, lower taxes a bit, and cut some loopholes in the tax code.
What's NOT to like, here?
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Only because so far the only reason it balances is due to promises of closure in unspecified loopholes and promised growth to close a 4.8 trillion dollar gap.
What if this promised surge in growth revenue, like the 'trickle down' money that failed to materialize with the last set of tax cuts, fails to show? What loopholes? The 'loopholes' like the mortgage tax deduction that is used by millions of working and middle class Americans? Or the loopholes that allowed Mr. Romney to pay a %14 effective tax rate? Guess which ones I think will be targeted.....
Fool me once, shame on you. Fool me twice.......
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Barack Hussein Obama
10-13-2012, 02:25 AM
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