Thursday, March 15, 2012

We'll never know....



WILL MITT ROMNEY BE A BIGGER SPENDER THAN PRESIDENT OBAMA? | PRAGMATIC CAPITALISM
he Tax Policy Center has crunched the numbers on Mitt Romney’s tax plan and the findings are pretty interesting. They used the CBO’s baseline estimates and then included the various tax cuts that Governor Romney is calling for. Of course, this is only the revenue side so we don’t know what kind of spending cuts Romney might have in store for us, but just looking at the revenue side one might be inclined to argue that Romney will be a bigger spender than Obama is! Here’s the Tax Policy Center on the plan:

“Last week, Mitt Romney proposed a new tax plan that would, among other things, reduce individual tax rates by 20 percent across the board and repeal the Alternative Minimum Tax. To get a rough sense of what those two tax cuts would cost, the Tax Policy Center crunched the numbers. The result: They would be really, really expensive.

No comments: