OohPooPahDoo
Gold Member
I have no way of determining whether my taxes would go up or down under Romney. I know he wants to lower rates. He also wants to get rid of credits and deductions and refuses to say which ones.
If I assume the worst - that he'll get rid of all deductions, credits, and exemptions - even with a lowering of the rates by 20%, my income tax liability jumps from $10200 under Obama to $14200 under Romney.
So am I supposed to vote for the guy because maybe he won't raise my taxes in order to give tax breaks to himself?
EDIT: I would also like to add that I"ve been paying taxes for 18 years, and during that time have had no children. My taxes during that period went - in part - to pay for tax credits for people who have children. Now I have a child, and I'll be damned if I don't get the same prefferential tax treatment I helped to fund for others.
Mitt Romney Refuses To Say Which Tax Deductions He Would EliminateIn a wide-ranging interview with Time Magazine, Mitt Romney declined to say which deductions he would eliminate from the tax code in order to make his plan to cut tax rates across the board revenue-neutral.
If I assume the worst - that he'll get rid of all deductions, credits, and exemptions - even with a lowering of the rates by 20%, my income tax liability jumps from $10200 under Obama to $14200 under Romney.
So am I supposed to vote for the guy because maybe he won't raise my taxes in order to give tax breaks to himself?
EDIT: I would also like to add that I"ve been paying taxes for 18 years, and during that time have had no children. My taxes during that period went - in part - to pay for tax credits for people who have children. Now I have a child, and I'll be damned if I don't get the same prefferential tax treatment I helped to fund for others.
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