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Oh, snap! Remember back on June 8, 2012, when President Obama said that the private sector was "doing just fine," meaning in comparison to how the public sector was doing? Republicans went crazy calling the comment a gaffe, and an indication that President Obama was "out of touch."

Imagine my surprise at seeing the headline, Romney: Wealthy will do fine no matter who wins in Nov., for an article that goes on to say:

"I know the very wealthy are going to do just fine whoever is elected," Romney said in an interview with CNN's Gloria Borger that was conducted Saturday. "The middle class is the people that is the group of people that I am most concerned about, they need our - and the poor - they need our help. They need our help with good jobs. That is only going to come if we encourage this economy by keeping the burdens on small business down."

He added that it would be "an enormous mistake" to let the Bush-era tax cuts expire at the end of the year, including on those who make more than $250,000 per year, which is what President Obama proposed.

Just days after a nonpartisan analysis sums up Romney's Plan as providing lower taxes for the rich, and higher taxes on the middle class at an average of $2,000/family, Romney admits that no matter who wins the election, the rich are "going to do just fine." If President Obama wins the election, the rich will have to pay higher taxes but are "going to do just fine." If Romney wins, the rich will pay lower taxes and still are are "going to do just fine," but more probably even better.

Thank you, Willard Mitt Romney, for admitting this. Now shouldn't the House pass the same bill that the Senate has already passed "that would allow tax rates to increase on income above $250,000 per year for a family, $200,000 for an individual?" After all, according to Romney, if this bill is passed, the rich are still "going to do just fine."

Did you notice that Romney only manages to mention "the poor" as an afterthought? He also claimed that we can't raise taxes on "small businesses" failing to conveniently leave out the fact that only 3% of small businesses would be affected by the bill passed by the Senate. Romney is also short on details about how his plan will do what he claims it will. In an editorial that will appear in Monday's print edition of the Tampa Bay Times in Tampa where the Republicans will be holding their convention in three weeks, the editors call Romney to task for his campaign's reaction to the Tax Policy Center analysis of his plan, as well as the plan itself:

The numbers speak volumes about the Romney campaign's priorities. While President Barack Obama is proposing that taxes rise on the wealthiest Americans by letting the Bush tax cuts lapse only for those with incomes of $250,000 or more, Romney would flip that formula and give further breaks to the nation's millionaires, people who are already paying the lowest effective tax rate in 60 years.

The Romney camp attacked the messenger as politically biased since one of the three authors had worked in the Obama White House. But previously the Romney campaign had promoted the center's work as providing an "objective, third-party analysis," and the center is directed by a former economic adviser to Republican President George W. Bush.

Romney's campaign also said the authors failed to incorporate the 5 percent nondefense domestic spending cuts Romney calls for that would offset some revenue losses from tax cuts. But that only accounts for $145 billion, and the campaign won't say where the other $215 billion would come from.

Too often candidates get away with fanciful claims that they can cut taxes without reducing defense spending or worsening the deficit. Romney's attempt was properly called out by a group of number-crunchers. If he has a dispute with the results, he needs to provide specifics on just how he will provide massive tax relief to those at the top without adding to the tax burdens of average people.

Romney's tax plan crunches middle class

Meanwhile, Mr. Romney continues to refuse to release his income tax returns to the public for fear that he will be admonished for having manipulated the complicated tax system to pay only minimal taxes on his enormous earnings which mostly comes from investment income. Mr. Romney, We the People still want you to show us your taxes!

We The People

Originally posted to hungrycoyote on Sun Aug 05, 2012 at 11:31 PM PDT.

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Comment Preferences

  •  Tip Jar (33+ / 0-)

    For me, Mitt reminds me of Jeff Bridges in Starman. He's like an alien that hasn't read the entire manual. You know, he's going, "Nice to be in a place where the trees are the right size. -- Robin Williams on Letterman 26 Apr 2012

    by hungrycoyote on Sun Aug 05, 2012 at 12:38:23 PM PDT

  •  Republicans seem to believe that... (9+ / 0-)

    "facts" are whatever they say they are.

    "The right to be heard does not automatically include the right to be taken seriously." -- Hubert H. Humphrey

    by Candide08 on Sun Aug 05, 2012 at 12:57:01 PM PDT

    •  "Facts" are what the TEEVEE says: (7+ / 0-)

      And since the Republican party is wholly owned by one news station and considerably subsidized by other stations and media, then a "fact" becomes what a low knowledge voter hears often enough.

      The most frustrating thing about the Rrepug party is that they do seem to understand this and embrace it.  They have long ago abandoned ANY pretense of credulity on issues in favor of nothing but POWER.  I point you to Dick Cheney, the "new" heart of the Republican party.

      Democrats are forced to spend money shoving facts down voters throats and fortunately, I think it is starting to work.  IMHO, the Repugs went too far with this progress and opened the curtain too wide.

      "How can the United States be the Greatest Nation ever if it is the only modern nation where citizens hold bake sales to pay for life saving medical care?" Single payer is coming but how many people will die before it becomes the only solution?

      by 4CasandChlo on Sun Aug 05, 2012 at 01:18:34 PM PDT

      [ Parent ]

  •  He really is a piece of...work, isn't he? n/t (6+ / 0-)

    Float like a manhole cover, sting like a sash weight! Clean Coal Is A Clinker!

    by JeffW on Sun Aug 05, 2012 at 01:00:14 PM PDT

  •  A statement comparable to... (5+ / 0-)
    Romney: "I know the very wealthy are going to do JUST FINE..."
    The Romans saying:
    "The lions are going to do just fine."

    "That men do not learn very much from the lessons of history is the most important of all the lessons of history." ~ Aldous Huxley

    by markthshark on Sun Aug 05, 2012 at 01:01:19 PM PDT

  •  well, the private sector and the weatlhy aren't (4+ / 0-)
    Recommended by:
    hungrycoyote, JeffW, Supavash, surfermom

    the same thing. he's right the wealthy will do just fine no matter who is in office.

    and what?

    Oh, snap! Remember this? Back on June 8, 2012, when President Obama said that the private sector was "doing just fine," meaning in comparison to how the private sector was doing,  

    "I'm sculpting now. Landscapes mostly." ~ Yogi Bear

    by eXtina on Sun Aug 05, 2012 at 02:43:55 PM PDT

    •  My brain isn't working very well today. (2+ / 0-)
      Recommended by:
      eXtina, JeffW

      Thank you. I will fix that.

      For me, Mitt reminds me of Jeff Bridges in Starman. He's like an alien that hasn't read the entire manual. You know, he's going, "Nice to be in a place where the trees are the right size. -- Robin Williams on Letterman 26 Apr 2012

      by hungrycoyote on Sun Aug 05, 2012 at 04:33:14 PM PDT

      [ Parent ]

  •  Well of course (1+ / 0-)
    Recommended by:
    hungrycoyote

    It's called capitalism for a reason.  This system is designed to benefit one group and one group only:  capitalists.  Occasionally the sloshing around in their liquidity may cause some to "trickle down", but only to the lucky, and not for long.  Without the kind of stern, relentless challenge that the socialist movement of the late 19th century and the first half of the 20th century represented, there's no reason for capital to feel any need to buy off other classes.  Just squeeze every drop out of them until they are dry husks, and keep society in a state of such terrified submission that when you lower the iron fist on those who complain, the rest of the rabble will say "they had it coming" and celebrate the glorious victory of capital over the marginalized freaks.  Get used to that system, it's hegemonic, and will be for the rest of your lives.  You can amuse yourself with the sideshows, but running for the city council of Potemkin Village is what it is.  They make money selling you the window dressing of make-believe democracy, and they long since "outsourced" the window-dressing factory to Bengladesh.

    Ever get the feeling you've been cheated?

    by ActivistGuy on Mon Aug 06, 2012 at 01:17:01 AM PDT

    •  The "trickle" refers to the interest and (0+ / 0-)

      dividend income on which the country club crowd depend.  
      Moreover, the last thing these people want is for the public debt to be paid off.  That's whence their steady trickle flows.  No, the public debt is a concern because the dividend trickle has been affected by drought.  Where Treasury bonds used to pay out 8.1%, they're now down to less than 3%. The trickle has shrunk by more than half, even though Bush/Cheney increased the outstanding debt.

      Willard's forte = "catch 'n' cage". He's not into "catch and release."

      by hannah on Mon Aug 06, 2012 at 03:52:55 AM PDT

      [ Parent ]

  •  That's the first honest thing I've heard him say (2+ / 0-)
    Recommended by:
    hungrycoyote, surfermom
    •  Makes you wonder, doesn't it? If the (1+ / 0-)
      Recommended by:
      surfermom

      rich will do just fine no matter what, why would anybody but the rich (who might do better) vote for Romney?

      For me, Mitt reminds me of Jeff Bridges in Starman. He's like an alien that hasn't read the entire manual. You know, he's going, "Nice to be in a place where the trees are the right size. -- Robin Williams on Letterman 26 Apr 2012

      by hungrycoyote on Mon Aug 06, 2012 at 01:36:20 AM PDT

      [ Parent ]

  •  The man makes me sick!! (1+ / 0-)
    Recommended by:
    hungrycoyote

    Puuuuuuuuke!

    "@MittRomney spent five interviews last night whining. Time to buck up. This is politics after all, not Horse Ballet." Brad Woodhouse @woodhouseb 7-14-2012

    by surfermom on Mon Aug 06, 2012 at 03:19:36 AM PDT

  •  Well, aside from the fact that the filthy (2+ / 0-)
    Recommended by:
    NoMoreLies, hungrycoyote

    rich don't actually DO anything, but have things done for them, Willard repeating what the President said is typical of conservatives.  Their behaviors are generally in the "monkey see, monkey do" mode.  That is, they imitate and repeat what other people do. That's how new behaviors, including speech, get introduced into their repertoire.  Otherwise, they rely on well-worn habits.  
    We can see evidence of the latter in the tax return kerfuffle.  First Willard copied Senator Kennedy's position and then he just repeated it (for 18 years) as his own. He calls it persistence; others might call it perseverance and suggest a similarity to obsessive/compulsive behavior.

    Obsessive/compulsive behaviors aren't necessarily injurious.  But, if they account for his hoarding of currency, that's a bad sign because the conversion of real assets into virtual wealth for the purpose of sequestration and speculation has undermined the real economy all around the globe. Money is a figment of the imagination, like the written word, and being deprived of it makes it hard to communicate, exchange ideas and trade.

    Willard buying a telephone directory is an interesting example.  Imagine what he'd do if he got has hands on the NSA or Homeland Security files.

    Willard's forte = "catch 'n' cage". He's not into "catch and release."

    by hannah on Mon Aug 06, 2012 at 03:43:28 AM PDT

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