Washington Post Editorial Board rips Romney a new one over Tax plan
FOR SEVERAL weeks, we’ve been asking Republican presidential nominee Mitt Romney to explain how he can cut taxes, as promised, without adding to the nation’s debt, as also promised. Now he’s effectively let the cat out of the bag: He can’t.
Mr. Romney’s tax plan calls for reducing income tax rates by 20 percent. The top bracket would go from 35 percent to 28 percent. He has said that he can do this in a revenue-neutral way by eliminating loopholes. While the rich might pay more, he has said, the middle class would pay less.
(SNIP)
In other words, we are back to counting on magic — to “dynamic scoring,” the voodoo economics of the Reagan era, the wishful thinking of President George W. Bush’s 2001 and 2003 tax cuts that helped turn a surplus into the deficit now weighing the nation’s economy. Cut taxes and hope the economy grows faster than predicted.
At a time when the nation is already on course to build up a debt so large that interest payments alone will begin to drown us, Mr. Romney wants to reduce taxes further, with — it now appears — no plan to make up the difference. It almost takes your breath away.
http://www.washingtonpost.com/opinions/mitt-romneys-confession/2012/09/15/863d2c14-febf-11e1-b153-218509a954e1_print.html
= new reply since forum marked as read
with somebody (esp. Iran). Wanna bet that there's a "war tax" buried in his plans somewhere if he does? 
"While the rich might pay more, he has said, the middle class would pay less. "
Has anybody been over to FreeRepublic (who has the stomach for it, I don't)? They must be F U R I O U S about Romney advocating taxing the "job creators" more. Somebody should ask Romney whose tax plan -- his or Obama's -- will raise taxes on the wealthy (err "job creators"
more?
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Here's another one where Romney is committing the crime of not cutting the taxes on the "job creators" (though he doesn't say he is raising their taxes):
Romney says he won’t cut taxes on wealthy Americans, By Holly Bailey, Yahoo! News | The Ticket – Sun, Sep 9, 2012
http://www.democraticunderground.com/1014224357
{My words unless in quotations}: That he is going to pay for the 20% across the board tax rate reduction by eliminating loopholes and deductions for high-income earners. He argued that his plan would in effect lower taxes for middle class Americans while keeping tax rates the same for wealthy Americans. "And I want to make sure people understand, despite what the Democrats said at their convention, I am not reducing taxes on high income taxpayers."
But asked about "the specifics of how you get into this math," Romney declined to offer any additional details, suggesting the "principals" of his plan should be enough for Americans to judge his tax proposals.
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Weren't the Republicans last December requiring that Obama "pay for" extending a middle class (and lower class) tax cut -- the partial payroll tax holiday -- while arguing that their proposals for tax cuts for the wealthy don't need to be paid for because obviously, quite obviously tax cuts for the "job creators" create more jobs and boost revenue growth and so more than pay for themselves blah blah dee blah?
