The group cited by Romney's campaign today proved that unless you assume tax cuts
magically grow the economy, Romney's numbers don't add up.
I'm beginning to think that the only thing Mitt Romney has against Etch A Sketches is that he thinks Etch A Sketches are too darn permanent. His campaign's
latest change of heart:
In a press release today, the Romney campaign cites an article that ran in The Hill prominently citing the non-partisan think tank the Tax Policy Center to hit President Obama on how his policies have effected farmers. The Romney campaign, as recently as Sunday, was calling the Center “a liberal think tank” for saying Romney's tax plan would increase have to increase taxes on lower and middle income people to pay for his plan.
The excerpt of
the report distributed by the Romney campaign describes the Tax Policy Center as "non-partisan," which is entirely accurate. They are an independent organization and
their analysis conclusively demonstrated that Romney's tax plan math doesn't add up—unless you assume that cutting taxes would create so much economic growth that the tax cuts would pay for themselves. That's the same trickle-down theory that George W. Bush used to wreck our economy after the Clinton boom, and it's the same theory that Mitt Romney
endorsed in last week's debate. And it's got about as much chance of working as Romney does of being able to keep his story straight on any given topic from one moment to the next.