[TheRealThing]

http://www.mercurynews.com/politics-nati...ranscript/

transcript:


Romney: Thank you very much. And let me tell you, you’re absolutely right about part of that, which is i want to bring the rates down, i want to simplify the tax code, and i want to get middle- income taxpayers to have lower taxes.

And the reason i want middle-income taxpayers to have lower taxes is because middle-income taxpayers have been buried over the past four years. You’ve seen, as middle-income people in this country, incomes go down $4,300 a family, even as gasoline prices have gone up $2,000. Health insurance premiums, up $2,500. Food prices up. Utility prices up.

The middle-income families in america have been crushed over the last four years. So i want to get some relief to middle-income families. That’s part — that’s part one.

Now, how about deductions? ‘cause i’m going to bring rates down across the board for everybody, but i’m going to limit deductions and exemptions and credits, particularly for people at the high end, because i am not going to have people at the high end pay less than they’re paying now.

the top 5 percent of taxpayers will continue to pay 60 percent of the income tax the nation collects. so that’ll stay the same.

as many have stated about small business paying taxes because it is that owners income... What is the point if someone is going to change the rate and i am still paying the same amount? Someone explain this to me? At least with obama he wants the 1%. mitt is going after anyone making over 100k, if i am reading this right.

You're not.