Washington Post: Mitt Romney Tax Plan 'Garbage'

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  Aug 20, 2012 3:48 PM GMT

  "The Washington Post's editorial board mocked Mitt Romney's tax plan on Sunday.
  
  "Mitt Romney, the presumed Republican nominee for president, promises to lower everyone’s income tax rate without reducing revenue. This sounds terrific. Why didn’t we think of it sooner?"
  
  The editorial, titled 'Mitt Romney's garbage', argued that Romney's plan to cut taxes and lower the deficit is unfeasible.
  
  "It’s reasonable to assume that his cuts would, as did President Bush’s, worsen the nation’s deficit. Until he’s willing to explain how he would avoid such a result, he has little standing to criticize Mr. Obama’s fiscal shortcomings."
  
  
  MITT, IT'S TIME TO QUIT !
  
  Other than keeping the Phoenix chapter of 'Bottoms4Romney' open, your campaign no longer serves any purpose.
  
  
  

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• CuriousJockAZ
  
  Posts: 20396
  
  
  Aug 20, 2012 3:54 PM GMT

  Balancing said
  MITT, IT'S TIME TO QUIT !
  
  Other than keeping the Phoenix chapter of 'Bottoms4Romney' open, your campaign no longer serves any purpose.
  

  
  
  
  
  Ahhhhh, the wishful thinking never ends among the left but is nonetheless quite amusing.

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  Aug 20, 2012 4:04 PM GMT

  "The nonpartisan Tax Policy Center looked at Romney's plan to slash rates by 20 percent for everyone, and found that the benefits would go mostly to the rich. The plan also would eliminate the estate tax, the alternative minimum tax and the capital gains tax for all but wealthy taxpayers. Romney has outlined his ideas, with few specifics.
  
  Romney advisers have claimed the plan is revenue-neutral. Romney has said he will offset revenue losses from the tax cuts by eliminating unspecified loopholes. The Tax Policy Center concluded that fulfilling all of these goals while reducing the amount the U.S. Treasury takes in -- and making generous assumptions about the deductions and loopholes enjoyed by the wealthiest U.S. taxpayers -- would cause tax bills to rise for middle- and low-income taxpayers."
  
  
  MITT DOES NOT UNDERSTAND ECONOMICS......AND OFFERS AN ABSURD TAX PLAN.
  
  SO WHY IS HE RUNNING FOR PRESIDENT?
  
  Other than the really nice hair, what is it that Bottoms4Romney see in this guy?

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• HottJoe
  
  Posts: 21366
  
  
  Aug 20, 2012 4:13 PM GMT

  CuriousJockAZ said

  Balancing said
  MITT, IT'S TIME TO QUIT !
  
  Other than keeping the Phoenix chapter of 'Bottoms4Romney' open, your campaign no longer serves any purpose.
  

  
  
  
  
  Ahhhhh, the wishful thinking never ends among the left but is nonetheless quite amusing.

  
  
  It's not surprising to see a guy in real estate voting republican. Bush's forced lending practices led to unqualified buyers taking out sub prime loans, which led to the bubble and finincial crisis. Republicans do more for "big government" and increasing the deficit than democrats.
  
  And don't even get me started on the war in Iraq!

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• CuriousJockAZ
  
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  Aug 20, 2012 4:28 PM GMT

  HottJoe saidBush's forced lending practices led to unqualified buyers taking out sub prime loans, which led to the bubble and finincial crisis.

  
  
  
  Illuminating your lack of understanding about economics and specifically the housing / mortgage debacle, the groundwork of which started in The Clinton Years.

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• HottJoe
  
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  Aug 20, 2012 4:34 PM GMT

  CuriousJockAZ said

  HottJoe saidBush's forced lending practices led to unqualified buyers taking out sub prime loans, which led to the bubble and finincial crisis.

  
  
  
  Illuminating your lack of understanding about economics and specifically the housing / mortgage debacle, the groundwork of which started in The Clinton Years.

  
  
  That was Bush's biggest domestic push. He said every American should own a home and forced banks to lend.

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