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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAt Last Night’s Debate: Romney Told 27 Myths In 38 Minutes
At Last Nights Debate: Romney Told 27 Myths In 38 Minutes
By Igor Volsky
Pundits from both sides of the aisle have lauded Mitt Romneys strong debate performance, praising his preparedness and ability to challenge President Obamas policies and accomplishments. But Romney only accomplished this goal by repeatedly misleading viewers. He spoke for 38 minutes of the 90 minute debate and told at least 27 myths:
<...>
2) I dont have a $5 trillion tax cut. I dont have a tax cut of a scale that youre talking about. A Tax Policy Center analysis of Romneys proposal for a 20 percent across-the-board tax cut in all federal income tax rates, eliminating the Alternative Minimum Tax, eliminating the estate tax and other tax reductions, would reduce federal revenue $480 billion in 2015. This amount to $5 trillion over the decade.
3) My view is that we ought to provide tax relief to people in the middle class. But Im not going to reduce the share of taxes paid by high-income people. If Romney hopes to provide tax relief to the middle class, then his $5 trillion tax cut would add to the deficit. There are not enough deductions in the tax corde that primarily benefit rich people to make his math work.
4) My my number-one principal is, there will be no tax cut that adds to the deficit. I want to underline that: no tax cut that adds to the deficit. As the Tax Policy Center concluded, Romneys plan cant both exempt middle class families from tax cuts and remain revenue neutral. Hes promised all these things and he cant do them all. In order for him to cover the cost of his tax cut without adding to the deficit, hed have to find a way to raise taxes on middle income people or people making less than $200,000 a year, the Center found.
5) I will not under any circumstances raise taxes on middle-income families. I will lower taxes on middle-income families. Now, you cite a study. There are six other studies that looked at the study you describe and say its completely wrong. The studies Romney cites actually further prove that Romney would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction.
- more -
http://thinkprogress.org/politics/2012/10/04/958801/at-last-nights-debate-romney-told-27-myths-in-38-minutes/
By Igor Volsky
Pundits from both sides of the aisle have lauded Mitt Romneys strong debate performance, praising his preparedness and ability to challenge President Obamas policies and accomplishments. But Romney only accomplished this goal by repeatedly misleading viewers. He spoke for 38 minutes of the 90 minute debate and told at least 27 myths:
<...>
2) I dont have a $5 trillion tax cut. I dont have a tax cut of a scale that youre talking about. A Tax Policy Center analysis of Romneys proposal for a 20 percent across-the-board tax cut in all federal income tax rates, eliminating the Alternative Minimum Tax, eliminating the estate tax and other tax reductions, would reduce federal revenue $480 billion in 2015. This amount to $5 trillion over the decade.
3) My view is that we ought to provide tax relief to people in the middle class. But Im not going to reduce the share of taxes paid by high-income people. If Romney hopes to provide tax relief to the middle class, then his $5 trillion tax cut would add to the deficit. There are not enough deductions in the tax corde that primarily benefit rich people to make his math work.
4) My my number-one principal is, there will be no tax cut that adds to the deficit. I want to underline that: no tax cut that adds to the deficit. As the Tax Policy Center concluded, Romneys plan cant both exempt middle class families from tax cuts and remain revenue neutral. Hes promised all these things and he cant do them all. In order for him to cover the cost of his tax cut without adding to the deficit, hed have to find a way to raise taxes on middle income people or people making less than $200,000 a year, the Center found.
5) I will not under any circumstances raise taxes on middle-income families. I will lower taxes on middle-income families. Now, you cite a study. There are six other studies that looked at the study you describe and say its completely wrong. The studies Romney cites actually further prove that Romney would, in fact, have to raise taxes on the middle class if he were to keep his promise not to lose revenue with his tax rate reduction.
- more -
http://thinkprogress.org/politics/2012/10/04/958801/at-last-nights-debate-romney-told-27-myths-in-38-minutes/
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At Last Night’s Debate: Romney Told 27 Myths In 38 Minutes (Original Post)
ProSense
Oct 2012
OP
seabeyond
(110,159 posts)1. is a MYTH a LIE? nt
handmade34
(22,757 posts)2. Myths, distortions,
lies, disingenuous statements... etc... nothing Presidential about the man's behavior
treestar
(82,383 posts)3. Rmoney still has not come up with specifics, either
HughBeaumont
(24,461 posts)4. K & R. Serial lying isn't "winning", it's lying.
actslikeacarrot
(464 posts)5. Not even one a minute?
He needs to step up his game!
/sarcasm