Mitt Romney's Hot Mic Moment Reveals His Tax Plan To Be A Mirage

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At tpmdc.talkingpointsmemo.com

Romney's tax cuts are projected to cost the federal government $5 trillion over 10 years, on top of the $4 trillion 10-year cost of making the Bush tax cuts permanent. Existing deductions and exemptions in the tax code, all together, reduce receipts by about $1 trillion per year, according to estimates.

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