Deduction Bucket News Today : Breaking News, Live Updates & Top Stories | Vimarsana

$4.8 trillion tax cut. krystal ball and steve kornacki, are you ready for the big news? >> let's hear it. >> we're going to put it on the big board right behind you. you can turn around. you can now turn around and see how much revenue that new deduction bucket of 25 grand will raise you for your $4.8 trillion. it's only 4 trillion short. krystal. >> he's almost there. >> he's going to have to maybe do a little something else. >> and what i really love about this is he says you know, pick a number. he's just spit bawling. if you like that, i'm for it. if not, we'll do something else. and you k...

>> let's hear it. >> we're going to put it on the big board right behind you. you can turn around. you can now turn around and see how much revenue that new deduction bucket of 25 grand will raise you for your $4.8 trillion. it's only 4 trillion short. krystal. >> he's almost there. >> he's going to have to maybe do a little something else. >> and what i really love about this is he says you know, pick a number. he's just spit bawling. if you like that, i'm for it. if not, we'll do something else. and you know, earlier he throughout $17,000. >> yes, he did. >> as the cap for the deductions. an...

Mitt romney wants to sell the head fake notion and barack obama that the trend is his friend. jenna: can we be geeky together for a moment here neil? >> absolutely. jenna: mitt romney said something about yesterday his tax plan that was new to us. i would like to play a little bit of that sound and we can talk about it, in case it comes up tonight it will be important for our viewers to know. take a listen. >> you could do something for instance, as an option everybody will get up to $17,000 deduction. use your charitable deduction or home mortgage deduction or others, health care deduction. y...