Here’s the problem Republicans are faced with: how does Mitt Romney’s tax plan which proposes to cut tax rates by 20% across the board – a move that would cost trillions in terms of lost revenue – not add to the deficit? Tough one. The nonpartisan Tax Policy Center says it cannot be done without imposing effective tax cuts on the middle class.
It is not mathematically possible to design a revenue-neutral plan that preserves current incentives for savings and investment and that does not result in a net tax cut for high-income taxpayers and a net tax increase for lower- and/or middle-income taxpayers.
The Tax Policy Center’s report goes on to say that the end result of Romney’s tax plan would be one in which millionaires get an $87,000 tax cut while 95 percent of Americans would see their taxes increase by an average of $500 a year. Oops. Time to bring in the right’s boy wonder of economics to explain how Romney’s arithmetic works out.
Paul Ryan:
Well, I don’t have the time. It would take me too long to go through all the math. But let me say it this way, you can lower tax rates by 20 percent across the board by closing loopholes and still have preferences for the middle class for things like charitable deductions, for home purchases, for health care…
A-romney-tic, as Ryan explains, is much too complex for feeble-minded Americans to absorb so its best to leave it to experts like he and Romney. After all, why question the right’s basic concept of math when all that is required to cast a vote for the Romney/Ryan ticket is blind trust and a sprinkle of fairy dust.
Life would be so much simpler for poor Mitt and Paul if people would stop asking them questions and just accept everything they say at face value. As Ann Romney would tell you; Stop it, you stupid little people. This is hard!
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I am retired and have very little to do. Please Paul, just take your time and at least try to explain the tax plan to the many like me who have over a month to listen.
Charlie,
>just take your time and at least try to explain the tax plan to the many like me who have over a month to listen.
You havent been listening. Revenue will generate itself thru Magic. Ayn Rand tells Ryan in his dreams. Its very hard for 47% of the population to understand The Magical Math. When people pay no taxes, they will be happy; that will translate to booming economy where everyone will be rich and Republicans will rule the world.
Ann also worries about Mitt’s mental health. She hopes all this acrimony and competition doesn’t affect her husband negatively that he needs hospitalization after the rejection of his nonsense. I would hate it if the First Lady would come out and protect Obama like mother hen Ann does.
Romney/Paul should remember that government cannot run like a business. In business if your products don’t contribute to a profit,you close it down and fire employees ( entitled government assistance ). Governments offer services to help workers find a job or get training to fill a job or help americans with their health or education etc…. Any reductions anywhere creates havoc to individuals that companies do not have to contend with. But oh my God ! That’s Romney/Paul’s deficiency index…..lack the common touch
Obama/biden for 2012
Dom’t forget the power of Magic Underwear.
Cheryl says:
“Don’t forget the power of Magic Underwear.”
I was just walking down the hall wearing boxers and a t-shirt when the elastic in my shorts gave way and they fell off. I hope this wasn’t some kind of omen. :)
Why is it that the supposed interviewer never insists that these phony political hacks answer the questions.They let them change the subject or even lie and than they go on to the next question.Are these people so stupid or are they just interested in asking the set questions so that they can just kill time ,end their set and collect the big bucks?
Charlie, it is a sign that it’s time to buy new underwear.
Love your work Mario.
I use “Mitt-Math”… it’s much easier than “Aromneytic” and catchier.
It’s all yours, my friend.
“Mitt-Math’, eh? I like that. Thanks.
Voting for these guys is like an participating in an office secret Santa Christmas party. You never know what your gonna get.
“leave it to experts like him and Romney.” If it doesn’t sound right when you take away “and Romney,” then you didn’t use the right pronoun.
Other than that, spot on. They’re not going to release any details, because then people might realize that their plans don’t work. They’re not running on issues, they’re running on “I’m not Obama.”
Congratulations again, Mario. Once more, you got a posting listed at Crooks & Liars!
Mit Romney? Nein!!! Ohne Romney!
How can you trust an out-of-touch religious nut, and a pathological liar ?
Dooooood…..