"GOP Strategist Says Romney Is Withholding Details Of His Tax Plan To Avoid Criticism"
Here is the problem. You guys won’t give him any credit for closing loopholes, because like you guys, he won’t name the loopholes. Why? Because you’ll attack him for doing it. You attack him for not giving you a little target… and then you attack him when you get the target.
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Murphy’s argument is that if Romney is transparent with the American people about what tax loopholes he would close to offset the roughly $5 trillion such a 20 percent tax cut would cost — those proposals might be subject to scrutiny and criticism.
What sort of “loopholes” might Romney include? Murphy suggested perhaps it might include reductions in how much families with mortgages can deduct their interest payments from their taxes. The non-partisan Tax Policy Center estimates that those deductions save taxpayers an average of $559 annually.