Analysis: Romney’s Plan To End Deductions Falls Far Short Of Paying For His Massive Tax Cut For The Rich

Analysis: Romney’s Plan To End Deductions Falls Far Short Of Paying For His Massive Tax Cut For The Rich: When presumptive Republican presidential nominee Mitt Romney unveiled his new tax plan in February, he insisted the plan would be deficit neutral even though it provides a 20 percent across-the-board tax cut. By ending tax deductions and closing loopholes for wealthy Americans, Romney said, he would make up for the drain on federal revenues such [...]/p