Mitt Romney offers wealthy donors a preview of his presidential plans - Lucky 1% hits pay-dirt payouts!

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At www.slate.com

What Mitt and Ann say when they think only wealthy donors are listening... The maxims of the 2012 race are multiplying. The latest: Somewhere a microphone is always hot. On Sunday, Mitt Romney was unknowingly overheard at a Florida fundraiser by reporters for the Wall Street Journal and NBC News giving his wealthy backers a sneak preview of his presidential plans. He outlined some of his theories for cutting the bloated federal government, including eliminating the Department of Housing and Urban Development and trimming the Department of Education. He also floated the idea to the upscale crowd of removing the mortgage interest deduction for second homes as well as ending the state income tax deduction and state property tax deduction, tiny but specific steps on how he would remove loopholes in the tax code to pay for his tax cuts. He and his wife, Ann Romney, also delighted...

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At www.slate.com


 

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