Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Cutter: Okay Fine, We've Been Lying About Romney's Tax Plan
Townhall.com ^ | October 6, 2012 | Guy Benson

Posted on 10/06/2012 4:36:53 PM PDT by Kaslin

One of the strongest elements of Mitt Romney's spectacular debate performance was his decisive rejoinder to the president's oft-repeated allegation that the Republican plans to raise taxes on middle class families.  Obama said Romney has designs on an unpaid-for $5 trillion tax cut that would eventually necessitate higher tax bills for average Americans.  Romney flatly rejected the claim by calling it false, then explained what he actually has in mind.  But the president returned to the "$5 trillion" well on several subsequent occasions, prompting more rebuttals from his challenger.  FactCheck.org and CNN reviewed Obama's accusation, and found it wanting.  "Not true," declared the former organization.  As for the cable news channel, well, just watch this:
 

Obama Campaign Concedes Their 5 Trillion Attack Is Not True

Mary Katharine Ham provides a partial transcript:
 

BURNETT: Stephanie, let me ask you about that. Because here at CNN, we fact checked that, that $5 trillion in tax cuts and we’ve come and said that’s not true. Mitt Romney has not promised that. because he’s also going to be closing loopholes and deductions. So his tax cut wouldn’t be anywhere near that size.

CUTTER: So you’re disputing the size of the tax cut? Or are you disputing also how he’s going to pay for it?

BURNETT: We’re disputing the size.

CUTTER: Erin, he has campaigned on lowering tax rates by 20% for everybody, including those in the top 1%. that was one of the main selling points in the Republican primary.

BURNETT: So you’re saying if you lower them by 20% you get a $5 trillion tab, right?

CUTTER: It’s a $5 trillion tab.

BURNETT: But when he closes deductions he won’t be anywhere near $5 trillion. That’s our analysis.

CUTTER: Well with, okay, stipulated, it won’t be near $5 trillion, but it’s also not going to be the sum of $5 trillion in the loopholes that he’s going to close.

Well, well, well.  One of the few on-message attacks Obama launched against Romney on Wednesday night was this $5 trillion line, which has since been refuted by fact-checkers -- whose verdicts, you'll recall, the Obama campaign take "very, very seriously."  But under intense questioning, even one of Chicago's most skilled liars was forced to admit that the claim is wrong.  Will Obama continue trotting it out anyway?  Of course he will.  His campaign is still running ads hitting Romney on "outsourcing," an attack fact-checkers dismantled ("no evidence") months ago.  Why is Obama obstinately promoting false narratives?  I'll let a promising young politician explain the cycnical ploy:
 

Obama 2008: "If you don't have any fresh ideas, you use stale tactics to scare the voters"


Numerous experts have also determined that Mitt Romney's tax plan is most assuredly not the mathematically-impossible threat that Obama has described.  Indeed, some have concluded that Obama's policies are most likely to result in tax increases on the middle class -- something this president has already done through the Obamacare mandate tax.  Romney's not exaggerating when he lambastes the Democratic ticket for proposing huge tax hikes.  Joe Biden himself has confirmed the GOP attack, and done so proudly.

 

UPDATE - Sure enough, Obama's still lying about this:
 

President Obama Contradicts His Own Campaign On Veracity Of $5 Trillion Tax Cut


TOPICS: Culture/Society; Editorial; Politics/Elections
KEYWORDS: 2012electionbias; barackobama; cnn; dnctalkingpoints; factcheck; lyingliars; mittromney; obamalies
Navigation: use the links below to view more comments.
first previous 1-2021-4041-52 next last
To: mountn man

I stand corrected.

/bow


21 posted on 10/06/2012 6:22:38 PM PDT by chris37 (Heartless.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Carry_Okie
That doesn't create a single American job. So let's quit with the fantasy that all we need to do to create jobs is cut taxes, because it just doesn't sell, as is confirmed by the polls.

So morality is defined by polls.

I wasn't aware of that. Thanks for the heads-up.

22 posted on 10/06/2012 6:28:28 PM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
[ Post Reply | Private Reply | To 17 | View Replies]

To: E. Pluribus Unum
"The rich" don't spend every penny they can get their hands on on Escalades and $500 sneakers like Eric Holder's people do.

Who are his people?


The pain you feel today is the strength you'll have tomorrow.

23 posted on 10/06/2012 6:30:14 PM PDT by rdb3 (Democrats: Once a slave owner, ALWAYS a slave owner!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: fkabuckeyesrule

Good for mitt standing strong against that lie.

Most undecided who don’t involve themselves
In politics will never learn about their admitting the lie.

Hopefully mitt continues to speak about personal stories at crowds to prepare for the
Town hall debate. He needs to add humor also.
Helps connect with audience. Remember Bush’s ‘wanna buy some wood’ ?
Obama will do very well speaking to the audience which will help his lack of clarity.


24 posted on 10/06/2012 6:41:38 PM PDT by Morris70
[ Post Reply | Private Reply | To 5 | View Replies]

To: rdb3
Who are his people?

You probably need to ask him. He's the one who said it. I'm merely bowing to his wishes.

25 posted on 10/06/2012 6:53:11 PM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Carry_Okie
I think there are a good many rich people who inherited money

Every year FORBES magazine features the 400 richest people in the world. Every year I go through the list to see how many inherited their money. It's always a very small percentage. Most of those on the list Got their money through some kind of entrepreneurial activity.

I used to teach Multinational Corporate Management. One of the reasons for investing in a foreign country is to place a factory inside that country's tariffs and other trade barriers. This is usually better than trying to manufacture in the US and then exporting.

26 posted on 10/06/2012 6:55:29 PM PDT by JoeFromSidney ( New book: RESISTANCE TO TYRANNY. Buy from Amazon.)
[ Post Reply | Private Reply | To 17 | View Replies]

To: JoeFromSidney
Every year FORBES magazine features the 400 richest people in the world.

BZZZT. World War II destroyed much wealth that was abroad. Moreover, you don't properly account "Rockefeller" or "Pew" by looking at one person's holdings. For example, four out of the top ten in America are Waltons.

27 posted on 10/06/2012 7:33:19 PM PDT by Carry_Okie (GunWalker: Arming "a civilian national security force that's just as powerful, just as well funded")
[ Post Reply | Private Reply | To 26 | View Replies]

To: sargon; E. Pluribus Unum

I have to agree that E Plurb’s attack on the $500 sneakers is out of line. The retail price is actually about $325.


28 posted on 10/06/2012 8:16:16 PM PDT by printhead (Standard & Poor - Poor is the new standard.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: sargon
There's no need to disparage people based solely on race, which is what the phrase "like Eric Holder's people do" seems to imply.

You do realize that your are accusing Eric Holder of being a racist, right? He's the one who refers to "his people."

I presumed he meant the people the USA whom he represents.

Evidently you presume something different.

29 posted on 10/06/2012 8:20:06 PM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Kaslin

Hey Rush, I found your media “slut”. Forget Fluke the Nymphomaniac. Cutter has passed her by lightyears.

How do the Democrats do it - get the most pathological liars in politics? Boxer, Pelosi, Wasserman-Schulz, Waters, Lee-Jackson, Fluke and Cutter?

Must be a defective gene or thousands.


30 posted on 10/06/2012 8:47:36 PM PDT by MadMax, the Grinning Reaper
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy
http://www.amazon.com/s/ref=nb_sb_ss_i_0_11?url=search-alias%3Daps&field-keywords=millionaire+next+door&sprefix=millionaire%2Caps%2C216


31 posted on 10/06/2012 8:51:37 PM PDT by 2ndDivisionVet (You cannot invade the mainland United States. There would be a rifle behind every blade of grass.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: E. Pluribus Unum
So morality is defined by polls.

This has nothing to do with my argument or my preferences. I was referring to why Romney has had such a hard time closing the deal against such a destructive incompetent. As it is, either Romney wins or you can kiss what remains of your sorry case goodby, that is, unless you plan on winning a civil war against a communist foe willing to using smallpox if it must.

Hence, making a pompous snark like that will get it shoved where it belongs. Will it be mayo or K-Y?

32 posted on 10/06/2012 9:41:19 PM PDT by Carry_Okie (GunWalker: Arming "a civilian national security force that's just as powerful, just as well funded")
[ Post Reply | Private Reply | To 22 | View Replies]

To: Kaslin
(Article) FactCheck.org and CNN reviewed Obama's accusation, and found it wanting. "Not true," declared the former organization.

I'd have paid cash money just to watch FactCheck bleed out of their mouths and ears when they made that admission against interest.

Ex-cellent!

33 posted on 10/07/2012 12:49:58 AM PDT by lentulusgracchus
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
The Bush Tax RATE Cuts reduced the Highest Marginal Tax Rate by 10% and reduced the Lowest Marginal Tax Rate by 33%.

The result? Between 2003 (when the Rates were fully implemented) and 2007, Federal Tax Receipts INCREASED BY 35%, from $1.75 Trillion to $2.5 Trillion.

Liberals, including Pharaoh Obama, cannot comprehend a growing Economy. To them the pie never gets bigger.

BTW - We all know what happened in 2007, the Pelosi and Reid gang took over and everything went to hell in a hand basket. As they say, timing is everything.

34 posted on 10/07/2012 1:01:54 AM PDT by Kickass Conservative (How do you insult an Obama Voter? Call them an Obama Voter.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Carry_Okie

“I think there are a good many rich people who inherited money and invested overseas.”

Then you have not studied wealth in the United States. Over 90% of the “wealthy” are 1st generation business owners. They ARE the job creators. See http://www.ncpa.org/pdfs/st289.pdf


35 posted on 10/07/2012 1:07:16 AM PDT by narses
[ Post Reply | Private Reply | To 17 | View Replies]

To: MadMax, the Grinning Reaper
Hey Rush, I found your media “slut”. Forget Fluke the Nymphomaniac. Cutter has passed her by lightyears.

Yankee privilege-academy snob and blonde ice queen with piggy little eyes.

Basic info here:

http://en.wikipedia.org/wiki/Stephanie_Cutter

She was one of Slick's pizza-horking 20-ish ingenues. A Smithie, like Barbara Bush .... and Georgetown Law. She's only 44 years old but has her hand on the tiller of state and is deemed one of the most powerful people in Washington, regardless of party.

Born in 1968, she has zero memories of the 60's, 50's, 40's ..... how reassuring!

Guess that's what going to Smith gets you.

36 posted on 10/07/2012 1:34:55 AM PDT by lentulusgracchus
[ Post Reply | Private Reply | To 30 | View Replies]

To: Kickass Conservative

Great post, and yes before the Pelosi and the Reid gang took over the economy was thriving and unemployment was practically nonexistent. Then when they came in, disaster came in with them


37 posted on 10/07/2012 2:47:14 AM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
[ Post Reply | Private Reply | To 34 | View Replies]

To: narses
Over 90% of the “wealthy” are 1st generation business owners.

By population, yes, by money, no, and it seriously depends upon how one defines "wealthy." Four of the top ten are Waltons. Packard, Pew, Jones, Rockefeller, MacArthur... the big foundations that exert the most political influence almost all represent inherited wealth.

38 posted on 10/07/2012 7:44:22 AM PDT by Carry_Okie (GunWalker: Arming "a civilian national security force that's just as powerful, just as well funded")
[ Post Reply | Private Reply | To 35 | View Replies]

To: Carry_Okie
I was referring to why Romney has had such a hard time closing the deal against such a destructive incompetent.

Only if you believe the cooked polls commissioned by the state-controlled media branch of the DNC.

39 posted on 10/07/2012 8:16:32 AM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
[ Post Reply | Private Reply | To 32 | View Replies]

To: Kaslin
Lord Obozo as the head of the Chicago Mob controlling America is not a nice guy nor a smart guy. He is an equal opportunity thug in a job, he should not be in!

Barack Obama has been savaged over his performance in last Wednesday night‘s presidential debate, with one commentator even suggesting that he was less effective than the hapless Jimmy Carter.

As Clint noted, the Empty Chair improved by codetoad:

ROMNEY LOST THE DEBATE! OBAMA IS IN CONTROL!


It is past time to fire Barack and his empty chair and have both of them hit the road back to Chicago!

So hit the road Barack and take your empty chair and empty suit with you!


40 posted on 10/07/2012 8:28:21 AM PDT by Grampa Dave (We are the 53%, who pay taxes and keep this country going inspite of the 47% rat moochers!)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-52 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson