HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » WAPO: Washington Post Moc...
Introducing Discussionist: A new forum by the creators of DU

Sun Aug 19, 2012, 09:51 AM

WAPO: Washington Post Mocks Mitt Romney's "GARBAGE" Tax Plan

Mr. Romney’s ‘garbage’

"Mitt Romney, the presumed Republican nominee for president, promises to lower everyone’s income tax rate without reducing revenue. This sounds terrific. Why didn’t we think of it sooner?"

............................

If these are “garbage assumptions,” why doesn’t Mr. Romney let us in on his own? If he can be specific about how much he would lower the tax rate, why not be as specific about how he would pay for that? A spokeswoman responded: “Governor Romney has announced clear and specific principles for his tax reform plan and will work with Congress to write a bill that achieves them.”

In reality, his principles are mutually exclusive: You can’t simultaneously lower tax rates, take in as much money as before and protect the middle class. There may be no politically feasible way, and there’s certainly no politically popular way, to “broaden the base” enough to pay for Mr. Romney’s tax cuts. It’s reasonable to assume that his cuts would, as did President Bush’s, worsen the nation’s deficit.

Until he’s willing to explain how he would avoid such a result, he has little standing to criticize Mr. Obama’s fiscal shortcomings.

http://www.washingtonpost.com/opinions/mr-romneys-garbage/2012/08/18/d109ac74-e883-11e1-8487-64e4b2a79ba8_story.html

1 replies, 1293 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply WAPO: Washington Post Mocks Mitt Romney's "GARBAGE" Tax Plan (Original post)
kpete Aug 2012 OP
Segami Aug 2012 #1

Response to kpete (Original post)

Sun Aug 19, 2012, 11:54 AM

1. BWHAHAHAHAHAHAHAHAHAHA!!!

"...It’s reasonable to assume that his cuts would, as did President Bush’s, worsen the nation’s deficit..."



Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread