Anyone who doesn't believe Mitt Romny is a lying sack of shit is either extremely stupid or also a lying sack of shit. Mitt Romney lies about everything and I mean everything. Mitt Romney is a skilled liar.
Romney told 27 lies in the first debate. Here are a few.
“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.
“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.
“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.
“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.
“I saw a study that came out today that said you’re going to raise taxes by $3,000 to $4,000 on middle-income families.”
Romney is pointing to this study
from the American Enterprise Institute. It actually found that rather
than raise taxes to pay down the debt, the Obama administration’s
policies — those contained directly in his budget — would reduce the share of taxes that go toward servicing the debt by $1,289.89 per taxpayer in the $100,000 to $200,000 range.
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