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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
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1 posted on 10/06/2012 4:36:58 PM PDT by Kaslin
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To: Kaslin
"The rich" don't spend every penny they can get their hands on on Escalades and $500 sneakers like Eric Holder's people do.

"The rich" got to be "the rich" by investing their excess income in businesses that generate profits and taxes and employ people who pay taxes on the wages they receive from those businesses.

"The rich" create sustainable jobs, i.e., jobs that create value.

Government can only create unsustainable jobs, i.e., jobs that kill private-sector jobs created by the investments of "the rich."

2 posted on 10/06/2012 4:42:22 PM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: E. Pluribus Unum

exactly


3 posted on 10/06/2012 4:44:36 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

So I guess the real Mitt Romney did show up.

Which means every time Barry the Liar said the real Mitt Romney didn’t show up, Barry the Liar was in fact still lying.


4 posted on 10/06/2012 4:45:42 PM PDT by chris37 (Heartless.)
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To: Kaslin

This Cutter chick is just pure evil.


5 posted on 10/06/2012 4:51:57 PM PDT by fkabuckeyesrule (Lets institute SARAH-ia law in America!)
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To: Kaslin
FactCheck.org and CNN?

Wow.. even FactCheck.org and the most busted news source's flak chuckers protecting Obama walked away from that one.

6 posted on 10/06/2012 4:54:14 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: Kaslin; All


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7 posted on 10/06/2012 4:59:15 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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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.

That's quite a broad brush you're painting with. A little too broad, IMHO. It seems like the kind of stereotyping that could cause unnecessary bias against the conservative side of the political spectrum.

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. It serves no constructive purpose that I can see.

JMHO...

8 posted on 10/06/2012 5:03:43 PM PDT by sargon
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To: Kaslin

Crazy Eyes Cutter... what a NUT JOB.


9 posted on 10/06/2012 5:04:35 PM PDT by Third Person (I'm in my prime.)
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To: chris37

Don’t all liberals lie?


10 posted on 10/06/2012 5:07:03 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: E. Pluribus Unum
"The rich" got to be "the rich" by investing their excess income in businesses that generate profits and taxes and employ people who pay taxes on the wages they receive from those businesses.

Here's an interesting book on that thought: The Millionaire Next Door.

11 posted on 10/06/2012 5:07:43 PM PDT by upchuck (I miss my dog Snoopy. May 16, 1997-September 24, 2012 -- 15 years, 4 months. Forever in my heart.)
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To: fkabuckeyesrule
she sure is.

As evil as they come

12 posted on 10/06/2012 5:08:26 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: chris37
So I guess the real Mitt Romney did show up.

Well, the real Obama certainly did. It's just that so few on the left have ever seen him, they didn't recognize him.

13 posted on 10/06/2012 5:08:47 PM PDT by workerbee (The President of the United States is DOMESTIC ENEMY #1)
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To: Kaslin

Erin Burnett has been channeling the late great Mark Haines lately.


14 posted on 10/06/2012 5:15:12 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: Kaslin

bump


15 posted on 10/06/2012 5:15:37 PM PDT by angelsonmyside (Someone please send the Loser in Chief a "President For Dummy's" book.)
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To: Kaslin

Yes, they do, but Obama is the Prince of Lies.


16 posted on 10/06/2012 5:19:04 PM PDT by chris37 (Heartless.)
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To: E. Pluribus Unum
"The rich" got to be "the rich" by investing their excess income in businesses that generate profits and taxes and employ people who pay taxes on the wages they receive from those businesses.

All of them? Really?

I think there are a good many rich people who inherited money and invested overseas. 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. The leverage in decreasing regulations is far greater in terms of both net revenue and GDP.

The principal benefit of cutting corporate taxes does is attracting foreign investment. Without cutting regulations, that won't happen anyway.

17 posted on 10/06/2012 5:21:32 PM PDT by Carry_Okie (GunWalker: Arming "a civilian national security force that's just as powerful, just as well funded")
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To: sargon
You know, I don't know if you are Black or you are White...I really don't care other than if you are Black then what was said about the Escalades etc. is pretty demoralizing I would imagine. Black Conservatives have worked as hard to attain their status in life as everyone else has and then to be thrown back into the cess pool of stereotypes has to suck. As a White person, that stereotype hurts because we should be so much further along and ahead of this type of perspective...but we aren't and I BLAME ONE MAN FOR THIS HORRIBLE STATE OF AFFAIRS! Obama. We were so much further along in racial understanding and acceptance four years ago. He has set us back to the 50’s. White people have had it with O and it spreads out to encompass “His people.” I absolutely hate it but that's what I am seeing. Not good.
18 posted on 10/06/2012 5:42:29 PM PDT by ladyL
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To: ladyL

“...to be thrown back into the cess pool of stereotypes has to suck.”

Racially broad-brushing people is so destructive to the conservative cause. It happens on this site way too often. All it does is reinforce the liberal line about conservatives being racist, makes outreach that much harder, and keeps people from joining us. That is certainly true in my family.


19 posted on 10/06/2012 6:07:49 PM PDT by Owl558 ("Those who remember George Satayana are doomed to repeat him")
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To: chris37
Yes, they do, but Obama is the Prince of Lies.

Yes, they do, but Obama is the Princess of Lies.

There. Fixed it.

20 posted on 10/06/2012 6:17:45 PM PDT by mountn man (Happiness is not a destination, its a way of life.)
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To: mountn man

I stand corrected.

/bow


21 posted on 10/06/2012 6:22:38 PM PDT by chris37 (Heartless.)
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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.)
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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!)
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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
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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.)
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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.)
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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")
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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.)
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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.)
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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
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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.)
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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")
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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
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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.)
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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
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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
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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)
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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")
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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.)
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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!)
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To: E. Pluribus Unum
Only if you believe the cooked polls commissioned by the state-controlled media branch of the DNC.

Even Rasmussen says it's tight. Are you intentionally both so obnoxious and obtuse?

Romney may win despite himself, but it won't be because people want him to be President. Most believe, as I do, that he'll take care of his corporate cronies at the expense of true free-enterprise. This is exactly what Arnold did in California, for which Bush and Rove were largely responsible. They paid off the very folks who play both sides of the aisle, in fact, the big winners under Arnold play mostly to the left (Berkshire Hathaway investments).

Worse, in the process of taking over the Party apparatus, what you get is RINO apparatchiks. Once Rove set Gerry Parsky in place in California, conservative nominees in statewide elections never saw another dime of Party money. So if you think the GOP-e is bad now, you ain't seen nothin' yet. It's what RINOs do.

RINOs are horribly destructive to the cause of conservatism because the people, rightly, see them as corporate crooks. What they don't see is that the left is even worse in that regard because those corporations own the media. Somehow, in their need for both party and corporate money, conservative candidates never seem to make that case.

41 posted on 10/07/2012 9:06:12 AM PDT by Carry_Okie (GunWalker: Arming "a civilian national security force that's just as powerful, just as well funded")
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To: Carry_Okie

Sounds like you should vote for Ubama. Please feel free.


42 posted on 10/07/2012 9:37:19 AM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: Kaslin

Since Wed night, there are 2 NEW ads about Romney’s tax cuts & they are beating the same old drum with the same old lies.

One ad actually starts with a clip from Wed night of Romney saying he isn’t putting out a huge tax cut. That is followed by a clip of Greenspan’s wife —Andrea Mitchell—saying how nothing Romney says is mathematically correct. Between numbers swirling around Obamacare & the unemployment numbers, how can I think that ANYONE in the Obama administration can do math? Even his Treasury Secretary could not prepare HIS own taxes correctly!!!!

BUT—OBAMA’s campaign is spend money running this ad and another one like popcorn popping in the hot skillet.

On Friday night on KOLO, ABC affiliate in Reno, that one ad ran 3 times between 5 PM and 5:49 PM.

I think every member of Obama’s campaign is a crazy person- they continue to tell lies on the one hand & then squirm until forced to say it is a lie on the other. But they keep running the ads.

Meanwhile, the media gets paid millions of dollars to let these ads bloom like red algae. They are poisonous.


43 posted on 10/07/2012 9:42:09 AM PDT by ridesthemiles
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To: E. Pluribus Unum
Sounds like you should vote for Ubama. Please feel free.

Proof of stupid hand-wave poster who needs to have the last word. Please feel free.

44 posted on 10/07/2012 10:27:17 AM PDT by Carry_Okie (GunWalker: Arming "a civilian national security force that's just as powerful, just as well funded")
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To: Kaslin
Cutter: "One plus one is four hundred.”

Host: “No. It's not. See, here's a pencil. Add one more: that's two.”

Cutter: “Okay, stipulated; one plus one is two. But, one plus one is four hundred.”

45 posted on 10/07/2012 10:44:14 AM PDT by Lazamataz (WAAAAAAAAAHHHhhhhh.....)
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To: Carry_Okie
I don't really understand who you think has a chance to defeat Obama at this point, other than Milt?

Seems to me you're the hand-waver here.

46 posted on 10/07/2012 11:00:44 AM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: Carry_Okie; PJBankard; scottjewell; ebb tide; Sirius Lee; lilycicero; MaryLou1; glock rocks; JPG; ..
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.
The folks who build the companies that hire the people - they are the folks I am talking about. 90+ percent are self made. BTW, the Walton family was just plain old middle class working stiffs before Sam came along. You appear to begrudge his children and grandchildren the fruits of his labor, or am I misunderstanding your attempt to make a point?
47 posted on 10/07/2012 3:36:05 PM PDT by narses
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To: Carry_Okie
I think there are a good many rich people who inherited money and invested overseas. 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. The leverage in decreasing regulations is far greater in terms of both net revenue and GDP.

The US does not tax wealth -it taxes income. As such when money is inherited it is with few exceptions already taxed once -are you suggesting it be taxed more or that wealth be redistributed if inherited?

I would suggest that reducing taxes is always good.

48 posted on 10/07/2012 10:43:56 PM PDT by DBeers (†)
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To: DBeers
The US does not tax wealth -it taxes income.

The death tax does tax wealth. It hits small business and landowners, not the wealthy, and is thus ultimately regressive.

I would suggest that reducing taxes is always good.

Given your knowledge of our current tax structure, I'll give your opinion all the consideration it is due.

49 posted on 10/08/2012 8:11:04 AM PDT by Carry_Okie (GunWalker: Arming "a civilian national security force that's just as powerful, just as well funded")
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To: Carry_Okie
The death tax does tax wealth. It hits small business and landowners, not the wealthy, and is thus ultimately regressive.

You seem to have an issue with the "wealthy" as you intentionally differentiate them from others -that is what drew me to your comments that premise a LEFTIST class warfare meme. You can not have class warfare without at first dividing up into classes.

REGRESSIVE -you no like? translates into PROGRESSIVE -you like?

Again there is no wealth tax -ONLY if one takes an inheritance as income is it taxed. AND as I stated -I would suggest that reducing taxes is always good.

Given your knowledge of our current tax structure, I'll give your opinion all the consideration it is due.

Given your objections and your arguments it appears you think income taxes are good, they should be progressive; and the wealthy should pay more. You promote leftist redistribution probably without realizing you do -you sure as hell argue for it.

What part of equality under the rule law do you not get and why do you dislike the "wealthy"?

50 posted on 10/09/2012 3:20:19 PM PDT by DBeers (†)
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