CNN Erin Burnett OutFront October 10, 2012
what happened. >> even though you're going to lower the income tax rates for people making let's say more than $250,000 a year, but you're going to eliminate some loopholes and deductions, exemptions, tax credits, is that what i'm hearing? >> that's right. i'll bring the rate down across the board. but eliminate or limit, rather, deductions or credits and exemptions and so forth, particularly for people at the high end, because you have to do that to make sure that distributionally we continue to have the high-income people still pay the same share, the high share they pay today. >> ...