Kire Schneider Online

Friday, October 19, 2012

The Fiscal Times: Bruce Bartlett: The Last Word on Romney’s Tax Plan: It Doesn’t Work

The Last Word on Romney’s Tax Plan: It Doesn’t Work

As President Obama has said and is right about this point, Mitt Romney wants to cut taxes across the board by. 5T$ over ten years and increase defense spending by hundreds of billions of dollars as well, whether Mitt admits this or not, its in his plan and he hasn't laid out how he would pay for it. Other then cutting Tax Loopholes, which are at best in the hundreds of billions of dollars. This is President Reagan 1981 all over again, with large deficits and increases in the debt as a result.