At Last Night's Debate: Romney Told 27 Myths In
38 Minutes | ThinkProgress
38 Minutes | ThinkProgress
Pundits from both sides of the aisle have lauded Mitt
Romney's strong debate performance, praising his
preparedness and ability to challenge President
Obama's policies and accomplishments. But Romney
only accomplished this goal by repeatedly misleading
viewers. He spoke for 38 minutes of the 90 minute
debate and told at least 27 myths:
Romney's strong debate performance, praising his
preparedness and ability to challenge President
Obama's policies and accomplishments. But Romney
only accomplished this goal by repeatedly misleading
viewers. He spoke for 38 minutes of the 90 minute
debate and told at least 27 myths:
1) "[G]et us energy independent, North American energy
independent. That creates about 4 million jobs".
Romney's plan for "energy independence" actually relies
heavily on a study that assumes the U.S. continues with
fuel efficiency standards set by the Obama administration.
For instance, he uses Citigroup research based off the
assumption that "'the United States will continue with
strict fuel economy standards that will lower its oil demand."
Since he promises to undo the Obama administration's
new fuel efficiency standards, he would cut oil consumption
savings of 2 million barrels per day by 2025.
independent. That creates about 4 million jobs".
Romney's plan for "energy independence" actually relies
heavily on a study that assumes the U.S. continues with
fuel efficiency standards set by the Obama administration.
For instance, he uses Citigroup research based off the
assumption that "'the United States will continue with
strict fuel economy standards that will lower its oil demand."
Since he promises to undo the Obama administration's
new fuel efficiency standards, he would cut oil consumption
savings of 2 million barrels per day by 2025.
2) "I don't have a $5 trillion tax cut. I don't have a tax cut
of a scale that you're talking about." A Tax Policy Center
analysis of Romney's proposal for a 20 percent
across-the-board tax cut in all federal income tax rates,
eliminating the Alternative Minimum Tax, eliminating the
estate tax and other tax reductions, would reduce federal
revenue $480 billion in 2015. This amounts to $5 trillion
over the decade.
of a scale that you're talking about." A Tax Policy Center
analysis of Romney's proposal for a 20 percent
across-the-board tax cut in all federal income tax rates,
eliminating the Alternative Minimum Tax, eliminating the
estate tax and other tax reductions, would reduce federal
revenue $480 billion in 2015. This amounts to $5 trillion
over the decade.
3) "My view is that we ought to provide tax relief to
people in the middle class. But I'm not going to
reduce the share of taxes paid by high-income people."
If Romney hopes to provide tax relief to the middle class,
then his $5 trillion tax cut would add to the deficit. There
are not enough deductions in the tax code that primarily
benefit rich people to make his math work.
people in the middle class. But I'm not going to
reduce the share of taxes paid by high-income people."
If Romney hopes to provide tax relief to the middle class,
then his $5 trillion tax cut would add to the deficit. There
are not enough deductions in the tax code that primarily
benefit rich people to make his math work.
4) "My — my number-one principal is, there will be no
tax cut that adds to the deficit. I want to underline that:
no tax cut that adds to the deficit." As the Tax Policy
Center concluded, Romney's plan can't both exempt
middle class families from tax cuts and remain revenue
neutral. "He's promised all these things and he can't do
them all. In order for him to cover the cost of his tax cut
without adding to the deficit, he'd have to find a way to
raise taxes on middle income people or people making
less than $200,000 a year," the Center found.
tax cut that adds to the deficit. I want to underline that:
no tax cut that adds to the deficit." As the Tax Policy
Center concluded, Romney's plan can't both exempt
middle class families from tax cuts and remain revenue
neutral. "He's promised all these things and he can't do
them all. In order for him to cover the cost of his tax cut
without adding to the deficit, he'd have to find a way to
raise taxes on middle income people or people making
less than $200,000 a year," the Center found.
5) "I will not under any circumstances raise taxes on
middle-income families. I will lower taxes on
middle-income families. Now, you cite a study.
There are six other studies that looked at the study
you describe and say it's completely wrong."
The studies Romney cites actually further prove that
Romney would, in fact, have to raise taxes on the
middle class if he were to keep his promise not to lose
revenue with his tax rate reduction.
middle-income families. I will lower taxes on
middle-income families. Now, you cite a study.
There are six other studies that looked at the study
you describe and say it's completely wrong."
The studies Romney cites actually further prove that
Romney would, in fact, have to raise taxes on the
middle class if he were to keep his promise not to lose
revenue with his tax rate reduction.
Continued at: http://tinyurl.com/8ul4rrg
Posts
No comments:
Post a Comment