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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGOP 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 NBCs Meet the Press Sunday that it is unfair to criticize Mitt Romneys 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 wont give him any credit for closing loopholes, because like you guys, he wont name the loopholes. Why? Because youll 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:
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Murphys 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.
BumRushDaShow
(129,072 posts)when they can't have their way. But this makes them dangerous.
struggle4progress
(118,290 posts)fleur-de-lisa
(14,625 posts)jsr
(7,712 posts)Arkana
(24,347 posts)If this country was the least bit sane, this alone would sink Romney.
sinkingfeeling
(51,457 posts)Skidmore
(37,364 posts)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.