Skip to comments.Cutter: Okay Fine, We've Been Lying About Romney's Tax Plan
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.
President Obama Contradicts His Own Campaign On Veracity Of $5 Trillion Tax Cut
"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."
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.
This Cutter chick is just pure evil.
Wow.. even FactCheck.org and the most busted news source's flak chuckers protecting Obama walked away from that one.
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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.
Crazy Eyes Cutter... what a NUT JOB.
Don’t all liberals lie?
Here's an interesting book on that thought: The Millionaire Next Door.
As evil as they come
Well, the real Obama certainly did. It's just that so few on the left have ever seen him, they didn't recognize him.
Erin Burnett has been channeling the late great Mark Haines lately.
Yes, they do, but Obama is the Prince of Lies.
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.
“...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.
Yes, they do, but Obama is the Princess of Lies.
There. Fixed it.