Tax Specialist Martin Sullivan: Romney Tax Plan Is 'Not Mathematically Possible'
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Source: Huffington Post
Another economist has joined the chorus of analysts saying that Mitt Romney's tax plan doesn't add up.
"I like tax reform. I want to broaden the base. It's something I've devoted my life to," Martin A. Sullivan, chief economist at Tax Analysts, told The New York Times. "I welcome Gov. Romney and the Republicans' strong push, but the plan doesn't work out. It's not mathematically possible."
Sullivan told the NYT that the Tax Policy Center, which found that Romney's tax plan is mathematically impossible, has it right. The article noted that it's not only Sullivan that's convinced by the Tax Policy Center paper. Economists from all sides of the political spectrum -- including from the conservative American Enterprise Institute -- find its claims to be trustworthy.
Other economists and pundits that say that Romney's plan is mathematically impossible include Mark Zandi, chief economist at Moody's Analytics, and conservative writer David Frum.