Cancel 2016.2
The Almighty
There aren't enough tax deductions/loopholes for the wealthy to cover the loss of revenue from the rate cuts, because Romney has said that he is not touching deductions that promote saving and investment.
So, again, the options are higher taxes for lower and middle incomes or bigger deficits.
LMAO... so you are saying that the bulk of all deductions and loopholes currently go to the lower and middle classes? Is that how Romney and Buffet got their effective rates from the 35% marginal rate down to 17% or less?