what happened. even though you re going to lower the income tax rates for people making let s say more than $250,000 a year, but you re going to eliminate some loopholes and deductions, exemptions, tax credits, is that what i m hearing? that s right. i ll bring the rate down across the board. but eliminate or limit, rather, deductions or credits and exemptions and so forth, particularly for people at the high end, because you have to do that to make sure that distributionally we continue to have the high-income people still pay the same share, the high share they pay today. would that add up to the $4.8 or $5 trillion that s been estimated your comprehensive tax reductions would cost? well, actually, the president s charge of a $5 trillion tax cut is obviously inaccurate and wrong, because what he says is let s look at all the rates you re lowering, and then he ignores the fact i say we re also going to limit deductions and credits and exemptions. he ignores that pa
let s go outfront. good evening, everyone, i m erin burnett. and outfront tonight, romney dodges, obama spins. it s sort of a new dance move. dodge and spin. while the republican candidate just spoke with our wolf blitzer and when wolf asked him to get specific on tax cuts, here s what happened. even though you re going to lower the income tax rates for people making let s say more than $250,000 a year, but you re going to eliminate some loopholes and deductions, exemptions, tax credits, is that what i m hearing? that s right. i ll bring the rate down across the board. but eliminate or limit, rather, deductions or credits and exemptions and so forth, particularly for people at the high end, because you have to do that to make sure that distributionally we continue to have the high-income people still pay the same share, the high share they pay today. would that add up to the $4.8 or $5 trillion that s been estimated your comprehensive tax reductions would cost?
good evening, everyone, i m erin burnett. and outfront tonight, romney dodges, obama spins. it s sort of a new dance move. dodge and spin. while the republican candidate just spoke with our wolf blitzer and when wolf asked him to get specific on tax cuts, here s what happened. even though you re going to lower the income tax rates for people making let s say more than $250,000 a year, but you re going to eliminate some loopholes and deductions, exemptions, tax credits, is that what i m hearing? that s right. i ll bring the rate down across the board. but eliminate or limit, rather, deductions or credits and exemptions and so forth, particularly for people at the high end, because you have to do that to make sure that distributionally we continue to have the high-income people still pay the same share, the high share they pay today. would that add up to the $4.8 or $5 trillion that s been estimated your comprehensive tax reductions would cost? well, actually, the p
even though you re going to lower the income tax rates for people making let s say more than $250,000 a year, but you re going to eliminate some loopholes and deductions, exemptions, tax credits, is that what i m hearing? that s right. i ll bring the rate down across the board. but eliminate or limit, rather, deductions or credits and exemptions and so forth, particularly for people at the high end, because you have to do that to make sure that distributionally we continue to have the high-income people still pay the same share, the high share they pay today. would that add up to the $4.8 or $5 trillion that s been estimated your comprehensive tax reductions would cost? well, actually, the president s charge of a $5 trillion tax cut is obviously inaccurate and wrong, because what he says is let s look at all the rates you re lowering, and then he ignores the fact i say we re also going to limit deductions and credits and exemptions. he ignores that part. obviously,
it s an outfront investigation. let s go outfront. good evening, everyone, i m erin burnett. and outfront tonight, romney dodges, obama spins. it s sort of a new dance move. dodge and spin. while the republican candidate just spoke with our wolf blitzer and when wolf asked him to get specific on tax cuts, here s what happened. even though you re going to lower the income tax rates for people making let s say more than $250,000 a year, but you re going to eliminate some loopholes and deductions, exemptions, tax credits, is that what i m hearing? that s right. i ll bring the rate down across the board. but eliminate or limit, rather, deductions or credits and exemptions and so forth, particularly for people at the high end, because you have to do that to make sure that distributionally we continue to have the high-income people still pay the same share, the high share they pay today. would that add up to the $4.8 or $5 trillion that s been estimated your compreh