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Getbig Main Boards => Politics and Political Issues Board => Topic started by: blacken700 on October 21, 2012, 10:02:57 AM
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NBC "Meet The Press" host David Gregory, interviewing Sen. Rob Portman (R-OH) on Sunday, said the two co-chairmen of the Simpson-Bowles fiscal commission have told him that Mitt Romney's tax reform proposal doesn't add up.
"Now here's the thing, I know the Romney campaign has six studies that say it does add up but we don't know exactly how. I've talked to Erskine Bowles and Senator Simpson of the Simpson-Bowles commission and they say it simply doesn't work -- that either the middle class will have to pay more in taxes or you have to blow up the deficit."
Portman, a top Romney surrogate, insisted the math "does work" but did not specify which tax deductions or credits Romney would target.
Read more: http://livewire.talkingpointsmemo.com/entry/david-gregory-bowles-simpson-say-romneys-tax-math
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goodbye mortage interest deduction
I'm sure no one who currently owns a home would have a problem with that and it definitely won't undermine property values and thereby lower property tax revenue, cause more foreclosures, etc...
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Neither Bowles nor Simpson are economists....so I'm sure why they should be given weight over the half dozen actual economists that they admit disagree with them...
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NBC "Meet The Press" host David Gregory, interviewing Sen. Rob Portman (R-OH) on Sunday, said the two co-chairmen of the Simpson-Bowles fiscal commission have told him that Mitt Romney's tax reform proposal doesn't add up.
"Now here's the thing, I know the Romney campaign has six studies that say it does add up but we don't know exactly how. I've talked to Erskine Bowles and Senator Simpson of the Simpson-Bowles commission and they say it simply doesn't work -- that either the middle class will have to pay more in taxes or you have to blow up the deficit."
Portman, a top Romney surrogate, insisted the math "does work" but did not specify which tax deductions or credits Romney would target.
Read more: http://livewire.talkingpointsmemo.com/entry/david-gregory-bowles-simpson-say-romneys-tax-math
are these the same ppl who scored obamas tax pland and gave it a thumbs up?
When Ernst and Young one of the worlds more respected accounting and consulting firms said it would cost us 700K jobs?
yea...........
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Neither Bowles nor Simpson are economists....so I'm sure why they should be given weight over the half dozen actual economists that they admit disagree with them...
which ones are those ?
I'd be interested in looking at their reasoning
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Ask David Gregory...he sited them in his question. I'm simply quoting the original post. Can you show me anything other than your paranoia that backs up your assertion that the mortgage deduction is history for everyone?
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are these the same ppl who scored obamas tax pland and gave it a thumbs up?
When Ernst and Young one of the worlds more respected accounting and consulting firms said it would cost us 700K jobs?
yea...........
it's weird that E&Y just decided to do that "study" without being asked to do so and without being paid by any particular group or groups
why would they do that ?
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Strange things are afoot at the Circle K.