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Obama continually makes claims about Romney's tax plan saying things like:
"Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes," and "In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000."
It's simply NOT TRUE and Princeton professor Harvey Rosen is not happy about HIS PAPER being misrepresented:
Quote:
I can’t tell exactly how the Obama campaign reached that characterization of my work. It might be that they assume that Governor Romney wants to keep the taxes from the Affordable Care Act in place, despite the fact that the Governor has called for its complete repeal. The main conclusion of my study is that under plausible assumptions, a proposal along the lines suggested by Governor Romney can both be revenue neutral and keep the net tax burden on taxpayers with incomes above $200,000 about the same. That is, an increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral.
You can see the math that makes Romney's plan as he states it possible here
Obama continually makes claims about Romney's tax plan saying things like:
"Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes," and "In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000."
It's simply NOT TRUE and Princeton professor Harvey Rosen is not happy about HIS PAPER being misrepresented:
You can see the math that makes Romney's plan as he states it possible here
This statement is in the deep nuanced portion of the weeds, "tax cuts would require large tax increases."
The kind of campaign Obama is running militates against his credibly claiming a mandate after getting re- elected. He is, for the most part, banking on getting reelected by tearing down Romney rather than attracting voters with his own second-term agenda.
The kind of campaign Obama is running militates against his credibly claiming a mandate after getting re- elected. He is, for the most part, banking on getting reelected by tearing down Romney rather than attracting voters with his own second-term agenda.
It was Obama himself who stated in 2008 that a candidate that resorts to scare tactics is a candidate that has no record to run on.
I don't really know when that started, maybe 4 years ago or so, but there's this thing about "unfunded tax cuts."
WTF? That's Orwellian.
Tax cuts have to be "funded?" What does that mean?
That would be like "unfunded reduction in over-time" or something.
What's the message they're trying to send? The money is owed anyway? The money has to be spent no matter what?
Curiously...
Mircea
I asked a similar question of Liberals here on C-D recently....
Obama and Biden have said on many occasions that raising taxes on the wealthy will improve the lives of the middle class.
Exactly HOW?
In reality, it doesn't affect them at all. They still pay the same tax rate and it's not like they are going to GIVE those extra tax dollars to the middle class.
The CBO says that Obama's plan to tax the rich will raise a mere $68 Billion per year in revenues.
$68 Billion would run the US Government exactly 8 days. It's not going to pay down any debt...they'd just spend it.
Obama continually makes claims about Romney's tax plan saying things like:
"Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes," and "In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000."
It's simply NOT TRUE and Princeton professor Harvey Rosen is not happy about HIS PAPER being misrepresented:
You can see the math that makes Romney's plan as he states it possible here
Shocker-
another Obama lie! Has he ever told the truth? Perhaps that is why he was slaughtered in the debate, as it is hard to defend BS.
If we have the standard we has on our government as our government has on us, then the politicians would not just say anything they please.
Try lying to the government and they put you behind bar. But when government lie to you, they are rewarded.
It's even business as usual for politicians.
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