Romney says Obama is mischaracterizing his tax plans. The importance of lowering income tax rates, Romney says, is because many small businesses pay tax on their income through personal income tax filings.
by CNN's Ashley Killough10/4/2012 1:21:19 AM
The president attacks Romney's plan, saying it's not possible to lower tax rates and come up with enough deductions to cut to pay for the plan. "It's math. It's arithmetic."