Mitt Romney on his tax cut plan: The math works

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29. Romney Ignoring Math

Romney admitted in this article that he is ignoring math in order to make his plan work. Romney ignores math in the present and in the past.

Romney ignores math in the present by stating that he does not start with math. In the article Romney makes this statement:

“Meaning, I don’t start off with the math and then say, ‘Oh, does this actually help or hurt?’ No, no. I start off with a very fundamental principle, which is we want to reduce the burden on middle-income taxpayers, and we’re not going to provide a tax break to high-income taxpayers. That’s the foundation. And then there’s flexibility as to how to do that.”

So, Romney and his team do not say we want to give a 20% tax cut how will the math work out. They say we want to give a 20% tax cut we'll figure it out.

Romney later goes on to ignore math in the past by saying that he looked to Ronald Reagan as an example for his current tax cut policy. Romney fails to take into account the fact that during the Reagan presidency there were deficits and the debt increased. Reagan and company failed to find enough revenue from other sources to make up for the lost tax revenue.