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Author: eatenbybears Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1976274  
Subject: Re: GIngrich: Flip flopped on taxes Date: 10/7/2012 4:39 PM
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The nonpartisan Tax Policy Center, a joint project of the Urban Institute and Brookings Institution, has said the Romney proposal would cost $360 billion in the first year before it is offset by closing loopholes, which others have extrapolated to estimate that it would amount to $5 trillion over the decade."


Doesn't that mean that cost first year $360 billion

Close loopholes into 2nd year

Savings over next 10 years from closing loopholes $5 trillion

Works for me, and protects my meager retirement income from higher capital gains taxes. (should be zero if income under $75,000)

Bears
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