evan43 Wrote:
Sep 19, 2012 2:02 PM
First of all, Romney is not going to repeal Obamacare. Secondly, Romney says he'll get rid of "tax loopholes." Which ones, he's yet to clarify. If he touches credits for dependents or home-buyers, I get hit directly. But let's say I'd pay less taxes under Romney. Is a couple thousand $ out of a +6 figure salary enough to say that these guys are on opposite sides of a divide? Under Reagan, we paid over 50% effective tax rate! Was Reagan a socialist? What does "socialist" mean to you? Is it medicare? Is it social security? Is it the GI bill that made housing affordable post WWII? Look at the graph and then try to tell me that Obama has socialist policies. http://www.ritholtz.com/blog/2011/04/us-tax-rates-1916-2010/