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Politics : American Presidential Politics and foreign affairs
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To: DuckTapeSunroof who wrote (48911)1/5/2012 10:32:01 PM
From: TimF  Read Replies (2) of 71588
 
I'm not endorsing (or attacking) Romney's plan. I haven't really looked at it too much.

But even if your point is reducing deficits, above all, then you would probably be against tax cuts in general (except perhaps from a very high base, or certain perverse types of taxes).

The fact that the rich save more dollars in a tax cut, should a tax cut occur, is how it should be as long as they are (and they are now, and would be after Romney's plan or almost any other proposed tax cut) paying more in taxes.

Any evenhanded tax cut would save those paying more in taxes, more than those paying less. Just as any even handed tax increase would hit them more (in dollar terms for both points).

If reducing deficits without seriously attacking spending is your big thing, than the fact that the rich save more money still wouldn't be a good reason to attack it. Of course from such a perspective the fact that it is a tax cut at all is a good reason to attack it.
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