Romney hints at tax plan

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Associated Press

Posted on October 3, 2012 at 4:00 AM

Updated Wednesday, Oct 3 at 4:03 AM

DENVER (AP) — Republican presidential candidate Mitt Romney has dropped some hints about his tax plan in a Denver TV interview ahead of tonight's debate with President Barack Obama.

Romney tells KDVR-TV he might be willing to reduce income tax deductions used by millions of families for home mortgage interest and health care costs.

Romney suggested the changes could be part of a plan that also includes a 20 percent cut in tax rates across the board, continuation of upper income tax cuts that Obama wants to end and a comprehensive tax overhaul plan. Romney says his overall plans would invigorate the slowly recovering U.S. economy.

Both Romney and Obama spent yesterday mostly in private, preparing for the debate.

201-v-36-(Mark Smith, AP White House correspondent)--On the eve of the first campaign debate, Mitt Romney is staking out new ground on immigration and taxes. AP White House Correspondent Mark Smith reports. (2 Oct 2012)

<<CUT *201 (10/02/12)>> 00:36

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