Tt Deductions News Today

Which of the deductions are you going to be willing to eliminate eliminate? >> well, well go through that process with congress as to which of all the different deductions -- >> but do you have any ideas now like the home mortgage interest deduction? >> well, simpson bowles went through a process where they had actually under their proposal even more revenue for the government with lower rates. so mathematically its been proved to be possible. we can have lower rates that creates more growth and...

People at the high end, high income taxpayers, are going to have fewer deductions and exemptions. >> when are you going to tell us where youre going to get the revenue? which of the deductions are you going to be willing to elimin e eliminate? >> well, well go through that process with congress as to which of all the different deductions -- >> but do you have any ideas now like the home mortgage interest deduction? >> well, simpson bowles went through a process where they had actually under thei...