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He said it would be revenue neutral for the rich, not everyone.
ROMNEY: Well I can tell you that people at the high end, 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 brigning down deductions and exemptions at the high end so that 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…
I don't think you understand what revenue neutral means. It cannot be simply "revenue neutral for the rich". It is either revenue neutral, meaning it neither adds or subtracts from the debt, or it is not.
I don't think you understand what revenue neutral means. It cannot be simply "revenue neutral for the rich". It is either revenue neutral, meaning it neither adds or subtracts from the debt, or it is not.
Actually thats not at all what he's discussing, he's discussing revenue neutral to the person GETTING THE TAX REDUCTION. He never said it wouldnt add or substract from the debt.
Tell me how Obamas plan cut the deficits in half, like he said he'd do..
Actually thats not at all what he's discussing, he's discussing revenue neutral to the person GETTING THE TAX REDUCTION. He never said it wouldnt add or substract from the debt.
You pulled that quote out yourself. Romney has indeed stated that his tax plan would be revenue neutral, referring to the national debt, you just don't really know what you're talking about.
Romney has pledged to:
cut current marginal income tax rates by 20 percent,
preserve and enhance incentives for saving and investment
eliminate the alternative minimum tax,
eliminate the estate tax, and
maintain revenue neutrality
Please do the math (as if you could, given the vagaries of #2) and tell me how that is possible.
You pulled that quote out yourself. Romney has indeed stated that his tax plan would be revenue neutral, referring to the national debt, you just don't really know what you're talking about.
Romney has pledged to:
cut current marginal income tax rates by 20 percent,
preserve and enhance incentives for saving and investment
eliminate the alternative minimum tax,
eliminate the estate tax, and
maintain revenue neutrality
Please do the math (as if you could, given the vagaries of #2) and tell me how that is possible.
Because you grow the economy, the same way its ALWAYS done..
Tax revenues went up under Clinton after he cut tax rates
Tax revenues went up under Bush after he cut tax rates
Are you saying both Clinton and Bush were super human?
Because you grow the economy, the say way its ALWAYS done..
Tax revenues went up under Clinton after he cut tax rates
Tax revenues went up under Bush after he cut tax rates
Are you saying both Clinton and Bush were super human?
lmao. So you really are just throwing out talking points "grow the economy" without any clue of what you're trying to talk about. This is about the national debt. Bush exploded our debt, and Obama hasn't stemmed the tide at all. Romney would only add to that given his tax plan, or he would have to increase taxes on the middle class. It's as simple as that.
I should have stopped talking to you when you started pretending that you knew what revenue neutral meant.
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