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Tax Policy Center Stands By Mitt Romney Tax Plan Study Amid Attacks

Huffington Post by Luke Johnson | Oct. 9, 2012 (News Report)

William Gale, co-director of the Tax Policy Center, stood by his critical study of Mitt Romney's tax plan on Monday.

The study shows that if his plan were enacted, the Republican presidential candidate would mathematically be forced to limit popular middle-class deductions to pay for the across-the-board cuts. Romney's plan calls for a 20 percent reduction in marginal tax rates, plus the elimination of the estate tax and the alternative minimum tax. Full Story »

Posted by Dwight Rousu

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Subjects: World, U.S., Politics, Business
Topics: Republicans, Taxes, Mitt Romney, Wealth, Presidential Election 2012
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Posted by: Posted by Dwight Rousu - Oct 9, 2012 - 7:08 PM PDT
Reviewed by: Dwight Rousu (review), Jack Dinkmeyer (review), rachael vangie (review), Sirajul Islam (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Pamela Hogle - Oct 11, 2012 - 9:01 AM PDT

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Sirajul Islam
4.0
 by Sirajul Islam - Oct. 15, 2012

This study by the Tax Policy Center is a good initiative of fact-checking. It outlines clearly how the math doesn't add up by closing loopholes and deductions to account for 4.8 trillion in revenue lost from an across the board 20% cut, even using favorable parameters.

“More generally, the basic power of arithmetic is overwhelming in showing that Governor Romney has so far overpromised on the tax side.” – William Gale More »

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Dwight Rousu
4.1
 by Dwight Rousu - Oct. 11, 2012

The man who would be emperor has no clothes. This of course leads to the would be emperor's lackeys attacking anybody using their naked eyes.

Dwight posted this story.
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Jack Dinkmeyer
4.3
 by Jack Dinkmeyer - Oct. 12, 2012

An excellent fact-filled article debunking one of Romney's huge whoppers about his tax "plans'. It gives credibility to the old adage: "What does truth have to do with anything?"

If Americans are foolish enough to put Frick and Frack into office, they will reap what they deserve: Bush/Cheney, take two.

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rachael vangie
NO RATING
by rachael vangie - Oct. 14, 2012
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