The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early CampFIRE

URL:  http://boards.fool.com/ask-professor-rosen-30307256.aspx

Subject:  Ask Professor Rosen Date:  10/8/2012  4:43 PM
Author:  fleg9bo Number:  647716 of 757652

http://www.powerlineblog.com/archives/2012/10/princeton-prof...

Obama's favorite attack on Romney is his claim that Romney's tax plan involves a $5 trillion tax cut. As Romney pointed out during the debate, this simply ignores the fact that Romney advocates closing loopholes and limiting deductions along with reducing marginal rates. The Democrats can't deny that, so they say that the numbers don't add up, and there will be a large tax cut, albeit not $5 trillion. In support of that claim, they have cited an analysis by Princeton economist Harvey Rosen. They have a big problem, however: Professor Rosen says he has no idea what they are talking about.

Princeton professor Harvey Rosen tells THE WEEKLY STANDARD in an email that the Obama campaign is misrepresenting his paper on Romney’s tax plan: "...an increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral."
____________________

Obama lied, jobs died. And not just Steve.

--fleg
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us