pbrauer
DP Veteran
- Joined
- Jun 6, 2010
- Messages
- 25,394
- Reaction score
- 7,208
- Location
- Oregon
- Gender
- Male
- Political Leaning
- Liberal
I wonder if VP Joe Biden will let Rep. Paul Ryan get by perpetrating this deception in their debate next week.
Mitt Romney’s Big Deception On Taxes | TPMDC
In repeatedly denying during Wednesday’s night debate that his proposed 20 percent across-the-board tax cut would cut government revenues by $5 trillion over 10 years, Mitt Romney stopped short of providing his own figure for how much the proposal would cost the Treasury.
Asked by TPM what the accurate cost of Romney’s tax rate cuts would be, Romney spokeswoman Andrea Saul dodged: “His tax reform proposal is revenue-neutral,” she said.
So it has gone throughout the campaign. Neither Romney nor his campaign nor his economic advisers have ever specified the cost in lost revenue of his sweeping tax cut proposal.
Instead they have insisted that he can bring down all income tax rates by 20 percent without adding to the deficit, largely by scaling back deductions and credits for high-income earners. But he and his campaign have refused to specify a single tax loophole he would target in order to offset the cost of the tax cuts.
Wednesday’s debate brought into clearer focus that Romney is dodging specifics on the cost of the tax cut itself, too.
In repeatedly denying during Wednesday’s night debate that his proposed 20 percent across-the-board tax cut would cut government revenues by $5 trillion over 10 years, Mitt Romney stopped short of providing his own figure for how much the proposal would cost the Treasury.
Asked by TPM what the accurate cost of Romney’s tax rate cuts would be, Romney spokeswoman Andrea Saul dodged: “His tax reform proposal is revenue-neutral,” she said.
So it has gone throughout the campaign. Neither Romney nor his campaign nor his economic advisers have ever specified the cost in lost revenue of his sweeping tax cut proposal.
Instead they have insisted that he can bring down all income tax rates by 20 percent without adding to the deficit, largely by scaling back deductions and credits for high-income earners. But he and his campaign have refused to specify a single tax loophole he would target in order to offset the cost of the tax cuts.
Wednesday’s debate brought into clearer focus that Romney is dodging specifics on the cost of the tax cut itself, too.
