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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on October 08, 2012, 11:24:25 AM
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Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax Plan
8:45 AM, Oct 8, 2012 • By JOHN MCCORMACK
http://www.weeklystandard.com/blogs/princeton-economist-obama-campaign-misrepresenting-my-study-romneys-tax-plan_653917.html
Last night, the Obama campaign blasted out another email claiming that Mitt Romney's tax plan would either require raising taxes on the middle class or blowing a hole in the deficit. "Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes," said the Obama campaign press release. "In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000."
But that's not true. Princeton professor Harvey Rosen tells THE WEEKLY STANDARD in an email that the Obama campaign is misrepresenting his paper on Romney's tax plan:
I can’t tell exactly how the Obama campaign reached that characterization of my work. It might be that they assume that Governor Romney wants to keep the taxes from the Affordable Care Act in place, despite the fact that the Governor has called for its complete repeal. The main conclusion of my study is that under plausible assumptions, a proposal along the lines suggested by Governor Romney can both be revenue neutral and keep the net tax burden on taxpayers with incomes above $200,000 about the same. That is, an increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral.
You can check the math that shows Romney's plan is mathematically possible here.
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Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney's Tax Plan
8:45 AM, Oct 8, 2012 • By JOHN MCCORMACK
http://www.weeklystandard.com/blogs/princeton-economist-obama-campaign-misrepresenting-my-study-romneys-tax-plan_653917.html
Last night, the Obama campaign blasted out another email claiming that Mitt Romney's tax plan would either require raising taxes on the middle class or blowing a hole in the deficit. "Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes," said the Obama campaign press release. "In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000."
But that's not true. Princeton professor Harvey Rosen tells THE WEEKLY STANDARD in an email that the Obama campaign is misrepresenting his paper on Romney's tax plan:
I can’t tell exactly how the Obama campaign reached that characterization of my work. It might be that they assume that Governor Romney wants to keep the taxes from the Affordable Care Act in place, despite the fact that the Governor has called for its complete repeal. The main conclusion of my study is that under plausible assumptions, a proposal along the lines suggested by Governor Romney can both be revenue neutral and keep the net tax burden on taxpayers with incomes above $200,000 about the same. That is, an increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral.
You can check the math that shows Romney's plan is mathematically possible here.
you should read your links and also the links within the link
it's mathmatically possible only if wildly crazy assumptions about economic growth from tax cuts actual occurs
when has that ever actually happened ?
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you should read your links and also the links within the link
it's mathmatically possible only if wildly crazy assumptions about economic growth from tax cuts actual occurs
when has that ever actually happened ?
take it up w the prof who says obama is lying.
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take it up w the prof who says obama is lying.
i read the article and the links within
his premise is based on assumptions that are wildly unrealistic which is what the TCP said all along
Romney could clear this up today by just filling in the empty spaces in his plan but of course he won't do that ..... because he can't
it's all smoke and mirrors and he's perfectly happy having people argue about assumptions rather than facts
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i read the article and the links within
his premise is based on assumptions that are wildly unrealistic which is what the TCP said all along
Romney could clear this up today by just filling in the empty spaces in his plan but of course he won't do that ..... because he can't
it's all smoke and mirrors and he's perfectly happy having people argue about assumptions rather than facts
Obama filled in all the plans of his plan in 2008 and we are where again?
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Obama filled in all the plans of his plan in 2008 and we are where again?
shows you how worthless highly optimistic assumptions can be
way to shoot yourself in the foot and end your own thread
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shows you how worthless highly optimistic assumptions can be
way to shoot yourself in the foot and end your own thread
not another fail for 333386
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shows you how worthless highly optimistic assumptions can be
way to shoot yourself in the foot and end your own thread
So, politicians should make no expectations or standards of accomplishments for their terms
Are these "highly optimistic" or just claimed to be such, simply because Obama didn't get it done?