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kitler53 said:
Mr Khan said:
I'm actually ignoring the debate. I tend to find that things i don't observe go better than things i do, like how i tried to follow election night in 2004 (too young to stay up all the way, though) but completely ignored election night 2008


lol, i probably should to.  romney is apparently going to lower everyone's takes by not lower any taxes so he can cut the deficit by lowering everyones taxes..


He didn't explain it well, but essentially what he meant was, he was going to even out the tax rate by lowering everyones taxes and limiting deductions, so some companies don't pay a 1% tax rate(the bigger more profitable ones) while others pay a 32% tax rate.  Instead he plans to even it out so that the tax burdened companies pay less, and the big companies pay more.

He thinks this will cause those companies paying near the full rate to hire more people, creating more jobs, = more revenue = less deficit.

 

Doubt it'll work that well, but neither of their plans are going to do much for the deficit.