Romney Proposes Deduction Cap for Tax Plan

By: Wednesday October 3, 2012 6:45 am

Yesterday Mitt Romney offered a far more specific method to get out of his tax math hole than ever before, proposing a potential cap on deductions at $17,000 per person. All deductions for individual tax filers, presumably, would remain active; but once you hit $17,000 with any combination of them, you would be done.

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