Anderson Cooper takes a closer look at studies behind Mitt Romney's tax plan and why critics say the math doesn't add up.
Please help me understand Gov. Romney's tax plan. What I understand is that he will lower the tax rate by 20% and eliminate deductions to keep the revenue coming in. To me this means that some people will pay less and others will pay more. Doesn't this effectively raise taxes for some? Given that he won't talk about what deductions will be eliminated, it's impossible to know who will pay more but it seems clear that his tax plan will, in fact, raise taxes for some. Can anyone help me understand this?
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
Questions or comments? Send an email
Want to know more? Go behind the scenes with AC361°