Romney's tax plan helps rich, hurts poor

3 posts

charger #1 · Aug 01, 2012 18:35 UTC

http://www.cbsnews.com/8301-503544_162-57484518-503544/study-romney-tax-plan-helps-rich-hurts-poor/
and Reuters:
http://in.reuters.com/article/2012/08/01/us-usa-taxes-romney-idINBRE8700PC20120801

Really, is anyone surprised, though?

The paper itself, by the Tax Policy Center, is disturbing.

http://www.taxpolicycenter.org/UploadedPDF/1001628-Base-Broadening-Tax-Reform.pdf

charger #2 · Aug 01, 2012 18:38 UTC

And what's Romney's response?

The Romney campaign blasted the study, calling it biased and noting that one of its authors, Adam Looney, was formerly an official in Obama's Treasury Department.

Meanwhile, back in reality:

The Tax Policy Center, a joint venture between the Brookings Institution and the Urban Institute, is led by Donald Marron, a former economic official in the administration of Republican President George W. Bush.

Another of the study's authors, William Gale, was an economic adviser to Republican President George H.W. Bush.

Fenderbender #3 · Aug 02, 2012 16:51 UTC

If I were Romney I'd rather associate the study with Obama. It's bad enough it had Republicans working on it.....but the whole G.W.B. thing makes it even worse.