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Thursday, June 21, 2012

Obama, Mitt Romney Tied Amid Economic Worries: AP Poll


An analysis released Wednesday found that many in the middle class could pay more under a House Republican tax reform proposal than they do today, while the uber-rich would pay less. There would be five major tax breaks, which would be eliminated: the deductions for mortgage interest, state and local income tax and charitable contributions, as well as tax breaks on 401(k) contributions and employer-provided health care. The idea that what is being proposed today from conservatives is bi-partisan is absurd. Today's liberals are readily supporting tax policy positions that conservatives were in love with just a decade ago...but now it's no longer good enough. I haven't seen a truly fiscally responsible conservative in nearly two decades now. And yes, the majority of our deficit and debt are a direct result of conservative monetary policy -- reduce taxes and spend like there's no tomorrow.

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Read the Article at HuffingtonPost

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