Romney's tax plan doesn't cost anything?
See, it's like this.
If I am a millionaire and you cut my taxes by 20%, then I will surrender that same 20% in loopholes and write-offs. So I am not paying any less in taxes than before. Get it?
So you may ask if I have the same amount of assets as before the tax cut, then why have a tax cut?? Just leave it as it is. If it is revenue neutral, why do it at all?
Also, since I have the same amount of assets as before the tax cut, by surrendering my loopholes, I will invest all of these same assets in job creation?? Although my total assets do not change one red cent, you are supposed to believe that I will now invest more with a lower tax rate, even though I still have the same amount of money, once I surrender the loopholes.
Doesn't that make a lot of sense to you? For a lower tax rate, the millionaires give up their loopholes and the government still gets the same amount of money into the Treasury, everything stays the same, but magically, jobs will then be created.
Watch closely. I am putting the bean under this shell....
