Anyway, I'm not going to go much further into politics. Mainly because i'm not educated on the subject, and it is not meant to be talked about here. Obviously it gets overlooked on this thread, but I still don't like to do it.
He explained why he wasn't going to detail which loop holes and deductions he was going to close, he can't possibly know which ones the congress and the senate will allow through, he's being responsible, he's not making promises he can't keep, Obama promised the world during his campaign and couldn't deliver it, Romney is telling you what he plans to do and how he's going to go about it, but he's not making specific promises because it's not up to "the president" alone to make these decisions he has to work with congress and the senate.
That said he did present a few options for loop holes and deductions to close and get rid of during the debate last night...clearly you missed that part.
don't you agree we need reform? or are you ok with the highest unemployment numbers and the slowest economy in decades? is the economy as it is now what you want for your children?
You do realize that you are incorrect here right? (apparently not) when you reduce rates you put more money into the pockets of the consumer, they buy more stuff...stuff which generally has sales tax connected to it, reducing rates INCREASES Revenue...it doesn't generally reduce it.
He can not tell you which loop holes are going to be closed...that's up to congress and the senate...all he can do is advise them to concentrate on closing them....that's the point, Obama promised things that he didn't have the power to accomplish during his campaign .... Romney is not doing that...and that's a good thing, he's NOT misleading people like Obama did.
That's really not inaccurate Pizz.
Taxes are based on household incomes and for example, My parents (who live literally down the street from the Place MMB used to live) make over 250K annually.
they are not rich, they have to save for things they want they have to pay bills in portion not full every time...they are far from rich, but they are considered rich by Obama.
and that's not even taking into account that many small business's are taxed under personal income tax rates, if you own your own business and your total income for the year is say 400k (so say you profit perhaps 50-60K) you would be considered rich....I don't know about you, but 50-60k in NYC is not rich in my opinion...they should not be paying 50%+ of their income to the government.
Lower the tax rates creates jobs and increases revenue in one fell swoop, the problem Obama has with it is that it wouldn't be the Federal Government coming in to save everyone...in fact it would be the opposite...and that's totally against his morals and Ideals.
Obama believes the government is there to save everyone.
Romney believes the government is there to help everyone save themselves.
Last edited by DavenIII; 10-04-2012 at 01:40 PM.