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Re: Wednesday ramblings--You can fool some of the people!

By: DigSpace in ALEA | Recommend this post (0)
Thu, 04 Oct 12 7:04 PM | 111 view(s)
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Msg. 10548 of 54959
(This msg. is a reply to 10546 by loosechange)
Jump:

Lack of details should be spelled out,

e.g.,

You proposed 5 or 6 trillion dollars in tax cuts. You say you are going to close loopholes an deductions to make up the balance?

Eliminating the home mortgage interest deduction would result in est. $110m for 2012

Eliminatng health insurance premium deductions would result in est. $200b for 2012

Pension plans? $50bn, state and local? $50bn, EIC $50bn, other retirement, another $50bn

Now we are getting somewhere ... eliminate completely deductibles for health insurance, home mortgage, pension contributions, state and local and EIC ... that's about 500bn, over the course of the $5 trillion window, that about does it.

So that is the secret part I assume, home mortgage, health care, retirement, state and local, and EIC (pay to work).

So that is the plan. Sell the plan Mr Romney. It is no time for secrets.

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The above is a reply to the following message:

Re: Wednesday ramblings--You can fool some of the people!
By: loosechange in ALEA
Thu, 04 Oct 12 6:50 PM

Msg. 10546 of 54959

Saw only parts of the debate.
O was passive and looked tired. Gave R rope to hang himself with a gaffe which miraculously didn't materialize this time. Should have went for the juggler given R's lack of details for his "new" plan proving once again he will say anything to get elected.

Well at least there will be some trickle-down as many fatcats on the fence will open their wallets once again for his futile re-attempt. Live another day....

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