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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (677167)10/4/2012 1:17:36 PM
From: Brumar891 Recommendation  Read Replies (1) | Respond to of 1576360
 
Fact - if Romney were a tax cheat, the IRS would have caught him. My belief - people eaten up by resentment over alleged cheating by others are rationalizing their own behavior.



To: J_F_Shepard who wrote (677167)10/4/2012 1:29:54 PM
From: tejek1 Recommendation  Read Replies (5) | Respond to of 1576360
 
Romney Goes On Offense, Pays For It In First Wave Of Fact Checks

by Mark Memmott and Scott Montgomery

October 4, 2012

One of the biggest disputes was over tax cuts. Obama argued that Romney's plan to stimulate the economy includes a tax cut totaling $5 trillion that, Obama said, isn't possible because the Republican nominee is also promising to spend money in other places.

Romney flatly disputed that number. "First of all, I don't have a $5 trillion tax cut," he said.

Who's right? The Washington Post's Fact Checker says the facts on this one are on Obama's side. The New York Times notes that Romney "has proposed cutting all marginal tax rates by 20 percent — which would in and of itself cut tax revenue by $5 trillion."

FactCheck.org has weighed in too, tweeting during the debate that "Romney says he will pay for $5T tax cut without raising deficit or raising taxes on middle class. Experts say that's not possible."

PolitiFact has given a "mostly true" rating to the charge that "Romney is proposing a tax plan "that would give millionaires another tax break and raise taxes on middle class families by up to $2,000 a year."

........more
npr.org