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The Ed Show
The trouble with cutting taxes
Republican candidates have promised to cut taxes for the past twenty years. Tax cuts are a crucial part of Mitt Romney's economic plan too. But new research shows what really happens every time Republicans cut taxes, and it's not good. Ed Schultz walks us through the numbers and discusses the findings with David Cay Johnston, Pulitzer Prize-winning journalist, and author of "The Fine Print: How Big Companies Use 'Plain English' To Rob You Blind".