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Old 11-04-2012, 10:07 PM
 
Location: Lewes, Delaware
3,464 posts, read 3,009,622 times
Reputation: 1870

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Can he really cut taxes by 20% and lower the corporate tax while not adding to the deficit? Does anyone see a higher gas tax if Romney wins? Or maybe the mortgage interest deduction will be gone, he really hasn't said much about lowering the deficit but he did say that wouldn't add to it either, is it possible to lower taxes that much and not raise the deficit?

I'm not trying to start a war with republicans, I'm just asking.
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Old 11-04-2012, 10:09 PM
 
Location: Wisconsin
20,809 posts, read 41,488,656 times
Reputation: 14045
We'll worry about it on Wednesday. Or not.
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Old 11-04-2012, 10:12 PM
 
Location: CA
1,544 posts, read 1,844,849 times
Reputation: 1561
How could it be worse, grasshopper? Just asking.....
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Old 11-05-2012, 01:21 AM
 
Location: Dangling from a mooses antlers
6,914 posts, read 11,700,040 times
Reputation: 5579
Quote:
Originally Posted by James420 View Post
Can he really cut taxes by 20% and lower the corporate tax while not adding to the deficit? Does anyone see a higher gas tax if Romney wins? Or maybe the mortgage interest deduction will be gone, he really hasn't said much about lowering the deficit but he did say that wouldn't add to it either, is it possible to lower taxes that much and not raise the deficit?

I'm not trying to start a war with republicans, I'm just asking.
I'm not worried about that. Most of us don't make enough to itemize our deductions. That kinda stuff only panders to the rich middle class that Obama is worried about. I just don't understand how those idiots can still support Obama. All he does is promote class warfare. I say kick the dog outta the house!!
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Old 11-05-2012, 01:27 AM
 
Location: USA
16,570 posts, read 16,245,596 times
Reputation: 12528
Quote:
Originally Posted by James420 View Post
Can he really cut taxes by 20% and lower the corporate tax while not adding to the deficit? Does anyone see a higher gas tax if Romney wins? Or maybe the mortgage interest deduction will be gone, he really hasn't said much about lowering the deficit but he did say that wouldn't add to it either, is it possible to lower taxes that much and not raise the deficit?

I'm not trying to start a war with republicans, I'm just asking.
All fact checkers said it is impossible for Romney to pay for the tax breaks, yet alone $2 trillion INCREASE in military spending without eliminating deductions for the middle class or without the economy significantly improving. Romney will explode the deficit. 80 CEOs signed a pledge asking for a deficit reduction plan based on Simpson-Bowles which included spending cuts and tax increases on the top bracket.
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