IMHO - President Obama Should Attack Romney's Secret Plan To Raise Taxes By $6 Trillion
I think that the President Obama's campaign should attack Romney's lies by accepting what little we know about Romney's signature economic proposal as true:
1. Romney wants to cut tax rates across the board by 20 percent, which costs about $6 trillion dollars, which does not even include Romney's proposal to increase defense spending.
2. Romney also promises that his tax plan will not increase the deficit and that his tax reform is revenue neutral because he will close loopholes and deductions.
3. Closing a tax loophole or deduction is just another way to say tax increase.
4. Thus, accepting Romney's promises #1 and 2 are true, then Romney is also promising to increase taxes by $6 trillion to pay for his 20% rate reduction. These taxes could consist of health care premiums or the mortgage rate deduction, but we don't know. Romney refuses to tell you his secret plan to raise taxes to pay for his tax cuts that heavily benefit the rich.
Now, if Romney backs off of #1 or #2, then attack Romney for essentially admitting that he has no economic plan, because he just blew off one the basic tenets of his economic plan. His plan is essentially just trust me. If you have time, you can also note that Romney actually needs to raise taxes by more than $6 trillion because he also wants to pay for increase military spending as well as a cut in the corporate tax rate.
Which brings us to the other part of Romney's secret plan stick it to the middle class, Romney will pay for the huge deficit that his abomination of an economic plan created to gut Medicare and Social Security. Worse, he might even start a war with Iran to distract people from paying attention.
