2012-08-04bloomberg.com

No matter how hard the Tax Policy Center labored to make Romney's promises add up, every simulation ended the same way: with a tax increase on the middle class. The tax cuts Romney is offering to the rich are simply larger than the size of the (non-investment) deductions and loopholes that exist for the rich. That's why it's "mathematically impossible" for Romney's plan to produce anything but a tax increase on the middle class.

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To twist Abraham Lincoln's famous formulation, the Romney campaign has decided it's better to remain silent and be thought evasive than to reveal your plan and remove all doubt that you're cutting taxes on the rich while increasing the deficit, raising taxes on the middle class and cutting programs for the poor.



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