Quote:
Originally Posted by sperbonzo
Romney says his plan wouldn't raise taxes on anyone, and his campaign points to several studies by conservative think tanks that dispute the Tax Policy Center's findings. Most of the conservative studies argue that Romney's tax plan would stimulate economic growth, generating additional tax revenue without shifting any of the tax burden to the middle class. Congress, however, doesn't use those kinds of projections when it estimates the effect of tax legislation."
|
Ahh yes, if we just grow the economy by a massive amount and call that X then it all makes sense. We should use that for all of our planning personally.
Why don't you borrow a million dollars you have no ability to repay on the theory that you will do 'something unspecified' with it to grow your personal finances by enough to repay it.
South Park summarized that theory as
1 - Collect Underpants
2 - ???
3 - Profit!
That is not the kind of economic policy I'd expect from any intelligent conservative.
Even the right leaning Washington post has said the counter-analysis is bogus
Quote:
|
In the debate, Romney countered that ?six other studies? have found that not to be the case, but he?s wrong about that. Those studies actually do not provide much evidence that Romney?s proposal--as sketchy as it is--would be revenue neutral without making unrealistic assumptions.
|
you can read more from them here
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/09/27/wonkblogs-comprehensive-guide-to-the-debate-over-romneys-tax-plan/?print=1