This last weekend, Paul Ryan repeatedly dodged questions about the mathematical impossibility of the tax plan he and Mitt Romney are running on, and then, having burned through seven repeated questions and two minutes of dodging, insisted he couldn’t answer because the math would take too long. Today Bloomberg News spoke to Ryan and promised…
Tag: tax policy
Mitt Romney Tax Policy Studies: Candidate Seemingly Contradicts Their Conclusions
Over the past few weeks, the Romney campaign has repeatedly pointed to five separate studies supporting the candidate’s contention that a dramatic, across-the-board, reduction in tax rates can be paid for by economic growth and the elimination of deductions and exemptions for high-income earners. Romney himself referenced these five studies in an interview with Meet…
The Tax Trap Springs Shut on Romney
At the outset of his campaign, Romney tried to avoid committing himself, but by February, with GOP rivals outflanking him and facing steady pressure from Republican elites, he declared himself in favor of a 20 percent tax cut, a move greeted with joy from anti-tax activists. But he still attempted to hide the ball. Romney…
Five policies to watch from Obama’s State of the Union
Obama proposed much more policy, of course. You can see it all in Wonkblog’s policy-only edit of the speech. But the caveat to almost every idea he offered is the same: Most all of them require congressional cooperation. Cooperation the Obama administration is not likely to get. All tax bills, for instance, must originate in…
Watch: Norquist says don’t raise taxes because Republicans spend too much
When asked why he wouldn’t accept ten dollars in cuts for every dollar in revenue, he points to Republicans who didn’t honor their agreements, spent too much, and raised taxes. He then goes on to talk about unicorns.
House Republican: Grover Norquist ‘is paralyzing Congress’
Rep. Frank Wolf (R-Va.) is one of just six Republican in Congress who haven’t signed Grover Norquist’s anti-tax pledge. On the House floor Tuesday, he attacked Norquist for single-handedly enforcing this hard line within the GOP, creating a destructive impasse in the legislative process. “Everything must be on the table and I believe how the…