Skip to main content

View Diary: Mitt Romney calls Mitt Romney a liar: Taxes edition (with video) (67 comments)

Comment Preferences

  •  So, it's the same old supply side BS... (1+ / 0-)
    Recommended by:
    Common Cents

    Lower the tax rate and the tax revenue will increase!

    Or lower the rate and eliminate deductions so revenue will stay the same.  And then the deficit will stay the same too, right?  Or is he going to cut spending by $14 trillion?

    Does he even know anymore?  Does anyone else?

    •  I'm pretty sure he's just making it up. (0+ / 0-)

      But from what I can gather Romney's position was that if you eliminate deductions the wealthy will pay the same amount even with the rates lower and that the middle class will actually benefit from the tax cut.

      But I don't know how it can be deficit neutral. That is voodoo economics.

      http://www.freakonomics.com/

      by Common Cents on Thu Oct 04, 2012 at 03:37:53 PM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site