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Obama, Romney trade barbs over taxes, economy

Obama, Romney trade barbs over taxes, economy
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Barack Obama and his Republican challenger Mitt Romney clashed over taxes and economic policies in Tuesday’s presidential debate.

Romney slammed the incumbent for failing to live up to the lofty expectations of four years ago.

“The president has tried, but his policies haven’t worked,” he said, citing the nation’s continued high unemployment rate. “That’s what this election is about.”

The incumbent said Romney would be a president for the rich, accusing him of organising his tax affairs to pay a lower rate than most American workers.

“Gov. Romney says he’s got a five-point plan. Gov. Romney doesn’t have a five-point plan; he has a one-point plan: Make sure that folks at the top play by a different set of rules,” Obama said during his answer to the debate’s first question.

The third and final presidential debate takes place at Florida’s Lynn University on October 22nd.