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December 8, 2012
Deductions, the closing of tax deductions and upping the ante, he feels if he doesnt give, doesnt demand that, hes looking at a tie of tax revenue down the line. >> paul: hes raised the ante, not 800 billion, but 1.6 trillion. hes got the rest from deductions, but thats a huge revenue hit. >> first, a huge revenue hit, but thats what the president wants. i think what he really wants is tone act the tax rate increases and make them permanent. theres a kind of conventional wisdom that well do thes...
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Deductions, the closing of tax deductions and upping the ante, he feels if he doesnt give, doesnt demand that, hes looking at a tie of tax revenue down the line. >> paul: hes raised the ante, not 800 billion, but 1.6 trillion. hes got the rest from deductions, but thats a huge revenue hit. >> first, a huge revenue hit, but thats what the president wants. i think what he really wants is tone act the tax rate increases and make them permanent. theres a kind of conventional wisdom that well do thes...