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ProSense

(116,464 posts)
Mon Oct 8, 2012, 12:24 PM Oct 2012

GOP Strategist Says Romney Is Withholding Details Of His Tax Plan To Avoid Criticism

GOP Strategist Says Romney Is Withholding Details Of His Tax Plan To Avoid Criticism

By Josh Israel

Republican consultant Mike Murphy, a former Romney strategist, said on NBC’s Meet the Press Sunday that it is unfair to criticize Mitt Romney’s lack of specificity on how to pay for his proposed 20 percent income tax cut. Should Romney identify what loopholes he would cut to offset the tax cuts, Murphy argued, he would be criticized for doing so.

Murphy argued:

Here is the problem. You guys won’t give him any credit for closing loopholes, because like you guys, he won’t name the loopholes. Why? Because you’ll attack him for doing it. You attack him for not giving you a little target… and then you attack him when you get the target.

Watch the video:

<...>

Murphy’s argument is that if Romney is transparent with the American people about what tax loopholes he would close to offset the roughly $5 trillion such a 20 percent tax cut would cost — those proposals might be subject to scrutiny and criticism.

What sort of “loopholes” might Romney include? Murphy suggested perhaps it might include reductions in how much families with mortgages can deduct their interest payments from their taxes. The non-partisan Tax Policy Center estimates that those deductions save taxpayers an average of $559 annually.

http://thinkprogress.org/election/2012/10/07/972501/gop-strategist-admits-romney-is-witholding-details-of-his-tax-plan-to-avoid-criticism/

Mitt's allies admits he's really a wimp. We already know he's a liar.



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GOP Strategist Says Romney Is Withholding Details Of His Tax Plan To Avoid Criticism (Original Post) ProSense Oct 2012 OP
They are whiners BumRushDaShow Oct 2012 #1
"Buh-buh-but if you knew what we planned to do, you would criticize us!" struggle4progress Oct 2012 #2
but vote for us anyway! fleur-de-lisa Oct 2012 #4
What a scaredy cat jsr Oct 2012 #3
Jesus fucking Christ. Arkana Oct 2012 #5
Sure, and all voters want a pig in a poke. sinkingfeeling Oct 2012 #6
Coward that he is. I want to know what he has in mind. Skidmore Oct 2012 #7
Hell, Ann said that in a televised interview over a month ago. HopeHoops Oct 2012 #8
I think he's going after the mortgage interest deduction Liberal_in_LA Oct 2012 #9

Skidmore

(37,364 posts)
7. Coward that he is. I want to know what he has in mind.
Mon Oct 8, 2012, 01:02 PM
Oct 2012

As empty nesters with vested retirement plans we have not tapped yet (hubby is still working), we only have the mortgage interest, state tax, and charitable giving deductibles available to us to tap. We have no fancy investments. business expenses, or other froufrou to claim to offset our tax burden. If we did not have these, I don't know what we would do at the end of each year. We are pretty thrifty in our money management, but still don't make enough to afford to pay up a large sum at the end of each year. I have nightmares of a scenario in which the taxes these deductions help us with now would just snowball. I can't imagine how it could work.

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