Posted on 10/08/2012 9:34:52 AM PDT by TigerClaws
Last night, the Obama campaign blasted out another email claiming that Mitt Romney's tax plan would either require raising taxes on the middle class or blowing a hole in the deficit. "Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes," said the Obama campaign press release. "In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000."
(Excerpt) Read more at weeklystandard.com ...
And, if they win the election they will. Of course, if they lose the election you have only Romney's word that they will not.
We need something a bit more firm on that ~ maybe a cash bond or something ~ make it a thing near and dear to him on the matter.
Not only does TOTUS rely on biased studies, even the author of those studies say he is wrong:
“I can’t tell exactly how the Obama campaign reached that characterization of my work.”
“The main conclusion of my study is that under plausible assumptions, a proposal along the lines suggested by Governor Romney can both be revenue neutral and keep the net tax burden on taxpayers with incomes above $200,000 about the same. That is, an increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral.”
with hsi track record, that is a sure kiss of death
Romney’s proposal to tinker around the edges of the tax code does not impress me one iota.
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