Because it's complicated. Here's a discussion showing the many ways to achieve the tax deductions without adding to the debt. It's a matter of choosing which cuts most will agree to.
Ass for why, he wants to simplify the tax code and make it fairer by stunting the lobbyists. http://www.mittromney.com/sites/default/files/shared/TaxPolicy.pdf Right now, the corporate tax rate in the United States is 35 percent. That is one of the highest rates among developed countries. In a globalized economy where investors can move money and facilities around the world with ease, it means that we discourage investment in the United States. Meanwhile, loopholes favor those with the best lobbyists. If we close loopholes and lower the tax rate, the American people and corporations will win. . On Fri, Oct 12, 2012 at 3:13 PM, Scott Stroz <[email protected]> wrote: > > I disagree their tax plan is a 'minor portion' of their economic plan. > I think it is kind of sketchy that they are not releasing any details. > It makes me feel like a) they don't have any details or 2) the details > would prohibit them from actually winning the election. > > I have seen reports that said in order to find enough loopholes to > cover the 20%, the middle class will lose a lot of deductions they > enjoy now - mortgage, health benefits, etc. I have not seen any that > show where we can find money to back fill the 20% cuts - and NOT have > it affect those deductions for the middle class. > > Its hard for me to wrap my head around the fact that, according to > what Rep. Ryan said last night (and I understand that I may have > misunderstood, or even maybe, he misspoke) everyone will get a 20% > across-the-board tax cut, but the difference will be made up by > eliminating loopholes and deductions only 'for the wealthy'. Everyone > gets cuts, but only the wealthy will make up the difference? How are > wealthy people behind this plan if they are the ones stuck with the > bill? In the end, how is that any different than letting the Bush-era > tax cuts expire only for the wealthy? > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:356048 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
