Wait a minute! Hold the phone! It's been at least two hours...It's time for: <drum roll> Another Mitt-Flop!!!
Somebody finally looked at the numbers and found out that....<pause>....THEY DON'T WORK!! THEY DON'T ADD UP!!! Time for another Mitt-Flop!
Romney Advisor Backtracks On Plan
Mitt Romney, under fire for not offering specifics about his tax plan, has responded by getting even less specific.
In a debate with Obama adviser Jeffrey Liebman on Monday, Romney advisor Kevin Hassett said that of course Romney's tax plan -- to cut the top income-tax rate to 28 percent without cutting taxes for the rich, raising taxes on the middle class, or increasing the federal budget deficit -- would work.
But, hey, if it didn't work, that's cool, too, Hassett said. Romney will just change the tax rate, and presto: The plan will still work, even if it is at that point technically what economists would refer to as a "different plan."
In other words, the one thing Romney has been specific about in his tax plan, that 28 percent top tax rate, is now up for debate, the Washington Post's Suzy Khimm points out:
In other words, according to Hassett, the public should assume that if Romney wants to make his tax plan work—should it prove politically or substantively impossible to implement reform as his campaign has laid out—we should assume that he would make the top rate higher than 28 percent to make the numbers add up.
This apparent shift comes after Democrats and more-neutral critics such as the non-partisan Tax Policy Center, hammered Romney relentlessly over his refusal to stipulate which loopholes he would close in order to make his tax math work.
In fact, many observers, including those in Romney's corner -- and even, sort of, Mitt Romney himself -- have come to the conclusion that the math will not work without raising taxes on the middle class.
Democracy4Sale wrote: Mitt-Flop, Mitt-Flop.... sounds like a flat tire...
(Pssst... Kerry is not running.)
rofllol neither is W but that doesn't stop you. W is the most powerful president in history according to you. He ruled from 2000 to 2011 and was still able to sabotage Obama from his underground headquarters in Texas.
Thomas Sowell: There are no solutions, just trade-offs.
