Romney, eliminate deductions?

Discussion in 'Politics' started by Peach, Apr 17, 2012.

  1. Peach
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    Peach Gold Member

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  2. SniperFire
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    SniperFire Senior Member

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    How about if we let CONGRESS do the heavy lifting on this stuff?

    I believe people have gotten used to a totalitarian in the White House dictating things such as which part of an insurance policy gets exempted from paying for certain things and which do not, as if this is the role of POTUS.
     
  3. uscitizen
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    uscitizen Senior Member

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    Ohh it is likely that romney will eliminate some personal tax deductions that will impact the working class but not the upper class.
    Pretty much like Reagan did.
     
  4. Peach
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    Peach Gold Member

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    Congress will need to approve it; will Romney SUGGEST these eliminations?
     
  5. SniperFire
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    SniperFire Senior Member

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    I believe the Ryan Budget, which Romney endorses, has means testing for mortgage deduction although I am not certain.
     
  6. Claudette
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    Claudette Gold Member

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    I have no problem with getting rid of the tax loopholes, subsidies and tax breaks.

    If a company or a person can't make it on their own then tough shit.
     
  7. zeke
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    zeke Gold Member

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    Mittens has plans. They are just secret at this time. Well, that and he is still making them up.

    But here is a foretaste of what we will be looking forward to IF he gets elected.

    1. Big tax cut for the richest.

    2. Big cuts for the poorest.

    3. A flip of the ole bird to the rapidly disappearing middle class.

    4. Big increases in military spending.

    5. Big decreases in food stamps, public housing, education grants.

    6. Did I mention big tax cuts for the richest? More of those.

    That about does it. By the time Mittens would finish, his deficits will make us look back at Obama's deficits fondly. Or better yet, Mittens will find a way to blame Obama and Bush both. And Romney supporters will believe him. This should be interesting.
     
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  8. SniperFire
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    SniperFire Senior Member

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    Rather stupid take. But not unexpected.
     
  9. zeke
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    zeke Gold Member

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    I think eliminating the mortgage interest deduction would be so helpful to the housing industry.
    Do you all think that as well? Except for the ultra wealthy. They need all the tax breaks they can get because they have been treated so poorly by the past adminastrations.

    Maybe the ultra rich should be able to deduct their interest deduction twice. Because they are struggling so badly.

    Yea, help the rich some more. They really need it. That's why they need Mittens. He will help them.
     
  10. zeke
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    zeke Gold Member

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    Snipper are you really so stupid that you BELIEVE that a Mittens presidency would really bring down the deficit? If so, you dumber than you sound on here. But delusion is a terrible thing to waste.
     

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