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Newt Gingrich slams Mitt Romney over limiting mortgage deductions
The Atlanta Journal-Constitution ^ | April 18, 2012 | jJim Galloway

Posted on 04/18/2012 7:15:00 AM PDT by Cincinatus' Wife

“Conservatives believe in the classical American definition of fairness – that every American be treated equally under the law…

“Governor Romney’s tax proposal violates that principle by giving politicians the power to carve out exceptions in the law for people of certain incomes. Furthermore, it sets the stage for future tax increases, as politicians will continually try to decrease the income threshold where citizens will no longer be able to avail themselves of the deductions.”

(Excerpt) Read more at blogs.ajc.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Extended News; Government
KEYWORDS: classwarfare; classwarrior; conservatism; deductions; gingrich2012; gopprimary; mittromney; newt; romney; romney2012; taxes
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To: Cincinatus' Wife

Government needs to shrink by at least 1/3. As long as they are sucking in the amount of $$ they currentky are; they will keep playing with and controlling us.

We need to say to the government; no thanks, get off my lawn.


21 posted on 04/18/2012 8:24:53 AM PDT by HereInTheHeartland (We are the 53%. 47% of Americans pay no taxes; end the free ride...)
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To: Beagle8U

PSYCHO-FREEP meant to that response for post #2 but somehow managed to respond to (your) post #4.
I suspect you will shortly get an apology.


22 posted on 04/18/2012 8:24:53 AM PDT by Lancey Howard
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To: riverdawg
Do you think it's a good idea?

I think he is a moron, too freaking stupid and out of touch to run for anything.

23 posted on 04/18/2012 8:27:10 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Beagle8U

I’m against just about all things Mitt.

The plan is bad, which Newt outlines in his comments.


24 posted on 04/18/2012 8:28:48 AM PDT by txrangerette ("HOLD TO THE TRUTH...SPEAK WITHOUT FEAR" - Glenn Beck)
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To: Cincinatus' Wife

Once again Romney doesn’t have the right answer. If he wins the nomination I will have to vote for him but Newt is the only one for me. Newt has the best answers and the guts to make them happen.


25 posted on 04/18/2012 8:31:34 AM PDT by Logical me
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To: PSYCHO-FREEP
You have all the DNC talking points down to a fine line. I'm sure they are watching this forum closely to learn how the best angle for attack should be approached.

If it's Mitt vs. Obama, there will be no conservative running, and most of us won't be taking sides. So who cares if the Democans attack the Republicrats successfully or not? We'll be sticking to speaking the truth and not spinning things to favor one of the liberals.

26 posted on 04/18/2012 8:33:44 AM PDT by JediJones (From the makers of Romney, Bloomberg/Schwarzenegger 2016. Because the GOP can never go too far left.)
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To: Beagle8U; Lancey Howard; PSYCHO-FREEP; Jim Robinson

Ok, now I’m starting to get it.

There I was searching desperately for something in Beagle’s post that could’ve set off P-F, when in fact he was ranting at a different post but sent it to Beagle.

Sheesh!

However, I’m still annoyed that he keeps attacking us for not wanting Mitt by saying we’re helping Obama.

He needs to say that directly to JR’s face, then.

And I won’t give up my free speech nor my Newt preference to kowtow to his rants.


27 posted on 04/18/2012 8:37:05 AM PDT by txrangerette ("HOLD TO THE TRUTH...SPEAK WITHOUT FEAR" - Glenn Beck)
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To: txrangerette
Well, I still don't know what he/she/it is ranting about, but he/she/it can stuff Romney and all his ideas right up his a$$!
28 posted on 04/18/2012 8:43:07 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: Cincinatus' Wife

Eliminate all deductions install a flat tax and then everybody will be treated “the same”. As it is now the tax code is strictly designed to buy votes.


29 posted on 04/18/2012 8:43:10 AM PDT by jwalsh07 (.)
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To: Cincinatus' Wife

Many state governors are not happy with Romney’s plan. Do NOTE he announced this at a “behind closed doors” fund raiser and word leaked out. Romney is a fool..we can’t trust this man to lead our country. God help us but we are so screwed.
Thank YOU Fox News, the NRC, Rove, Coulter, Drudge, gop E for selling us down the river. You do know they will do some quick damage control to hush this up and/or cover it up.
GO NEWT!


30 posted on 04/18/2012 8:43:10 AM PDT by katiedidit1 ("This is one race of people for whom psychoanalysis is of no use whatsoever." the Irish)
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To: Beagle8U

Sorry, I was babbling. When you deduct your taxes from your income, (which happens when you itemize), you are eliminating paying taxes on money that you have already used to pay taxes. In effect, that deduction removes taxes on taxes. The term “deduction” seems to imply some sort of privilege.....like not paying taxes on the money you used for mortgage income, or, even the money you choose to donate to charity, or your home office, etc. Removing your state and property taxes is not really a perk. Does that make sense? Removing those deductions should never be on the table. I live in Mayland, where the income tax is already stratospheric, and set to go higher. Having to pay taxes on that amount is just adding insult to injury.


31 posted on 04/18/2012 8:45:06 AM PDT by Explorer89 (And now, let the wild rumpus start!!)
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To: Beagle8U

that RV is a second home.

that boat over a certain size is a second home.

that time share is a second home.

it is in fact a poorly thought out plan and is a romney advisor stunt to appeal to class warefare.

Romeny needs to think for himself and less be spoonfed by overpaid DC insider advisors.


32 posted on 04/18/2012 8:46:17 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Explorer89
That is exactly what I was saying, the Romney plan would screw the majority of taxpayers and not gain the dumbass one single vote!
33 posted on 04/18/2012 8:49:43 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: PSYCHO-FREEP

:::looking both ways before crossing street::: I’m fairly new posting here and so will probably get blasted. BUT...I just don’t get where you’re coming from w/ this post.

I have many issues w/ Romney and this tax proposal is just one area. In my little opinion...I do think that the tax rules are fairly complicated and have been used to pick ‘winners and losers’. For example...why would one person get to take a deduction on a second home and not another person? What are the parameters and who get’s to decide the parameters? I live in a state that has no state income tax but we do have an onerous sales tax. Until recently, state sales tax was NOT allowed as a deduction but state income tax WAS allowed. Again, who set’s the parameters?

So no, I don’t cast aspersions on the rich. I cast my aspersions on the corrupt pol’s who are bought and paid for by ‘special’ interst groups...special interst groups that are NOT concerned about me or mine.

Get rid of the complicated and unfair tax laws, and perhaps, perhaps we will see less corrupted pols.

Nah, there will always be something to bribe the crooked with.

One last thing, I personally do not owe my lively hood (income) to any ‘rich’ person nor does my spouse. But if a rich person wants to adopt me, I would be fine w/ that.


34 posted on 04/18/2012 8:50:50 AM PDT by conservaKate (Newt! Newt! Newt! Just say no to Romney.)
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To: Beagle8U
I favor tax-rate reductions combined with eliminating (perhaps with a transitional phase-out period) many of the tax deductions we currently have. A consumption tax (not a VAT) that completely replaces the current income tax might even be better.
35 posted on 04/18/2012 8:51:15 AM PDT by riverdawg
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To: riverdawg
I favor a very low flat tax with no deductions, everyone pays the exact same % on gross income.

That pushes all the pork spending taxes to the local level where it is easier to fight them.

The liberal $hitholes can wallow in their own misery.

36 posted on 04/18/2012 8:59:56 AM PDT by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: PSYCHO-FREEP; txrangerette
that if things go your way, you will still have another 4 years of Obama to set things right............/s

If things go my way, NEWT will be President. HE IS THE ONLY ONE that WANTS TO, ABLE TO, restore our country according to the Constitution.

That statement '4 more years of Obama' is meant for the WEAK for them to succumb/bow down to evil through fear.

Nice of you to show how weak you are. You have no idea what is up ahead but are frightened of the prospect of it.

PATRIOTS ARE NEVER WEAK. If they were, there would never have been a great America. You enjoy what they accomplished but don't have the guts to keep it! Sweat off their brow, not yours. Sissy!

37 posted on 04/18/2012 9:05:27 AM PDT by presently no screen name
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To: Beagle8U
I favor a very low flat tax with no deductions, everyone pays the exact same % on gross income.

This country got along just fine for 140 years with no income tax.

Since we ushered it in, we have been on a steady course of steady decline into socialism and an ever growing federal government complete with a dictatorial and incestual bureaucracy.

Get rid of the income tax and get your liberty back.

38 posted on 04/18/2012 9:12:45 AM PDT by CharacterCounts (A vote for the lesser of two evils only insures the triumph of evil.)
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To: Beagle8U; Lancey Howard

If you will read post #2, you’ll see what apparently set him off, but he posted to you rather than the trigger post.

That’s lancey howard’s theory and it does make sense.

But I will resist the former number one Newt supporter’s current efforts to intimidate us into silence out of fear of Obama.

I’m terrified of Obama.

I will still express my opinion on issues even if it’s that Mitt’s tax plan is awful.

I will still support anybody but Romney in our primaries regardless if every Boehner and McConnell type says it’s over and I must rally for Mitt.


39 posted on 04/18/2012 9:14:27 AM PDT by txrangerette ("HOLD TO THE TRUTH...SPEAK WITHOUT FEAR" - Glenn Beck 3)
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To: PSYCHO-FREEP

ping to my last comment, #39, in re: your comments


40 posted on 04/18/2012 9:21:42 AM PDT by txrangerette ("HOLD TO THE TRUTH...SPEAK WITHOUT FEAR" - Glenn Beck 3)
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