Mitt Romney: Middle class tax cut won’t help middle class

[cali]

By Greg Sargent

This morning, President Obama will call on Congress to extend the Bush tax cuts just for those under $250,000 — an effort to put Republicans on the spot by forcing them to declare that they won’t support a middle class tax cut unless it’s coupled with an extension of the Bush tax cuts for the rich.

Moments ago, Mitt Romney’s campaign rolled out its response:

“President Obama’s response to even more bad economic news is a massive tax increase. It just proves again that the President doesn’t have a clue how to get America working again and help the middle class. The President’s latest bad idea is to raise taxes on families, job creators, and small businesses. Almost half a million fewer Americans are working today than the day Barack Obama took office, and we’ve just come through the worst job creation quarter in two years. Unlike President Obama, Governor Romney understands that the last thing we need to do in this economy is raise taxes on anyone.”

When Romney describes this proposal as a “massive tax increase,” what he means is that calling for an extension of the cut for those under $250,000 is equivalent to calling for a tax hike on those over $250,000 — or, as he puts it, a tax hike on “families, job creators, and small businesses.”

But allowing the high end tax cut to expire would only impact two percent of American taxpayers, Roberton Williams of the nonpartisan Tax Policy Center tells me. That means Romney is describing a proposal to cut taxes on the vast majority of American taxpayers as a tax hike, because Obama’s plan does not also cut taxes on the top two percent.

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http://www.washingtonpost.com/blogs/plum-line/post/mitt-romney-middle-class-tax-cut-wont-help-middle-class/2012/07/09/gJQAXtmJYW_blog.html

I can't even put into words how I despise that lowlife.

[mike_c]

1. protecting the wealthy, at any cost....

Someone PLEASE think of the wealthy, for gawd's sake!

[catbyte]

2. "Job creators" LOL

(insert eye roll here). Does anybody actually fall for that lame old lie anymore?



Diane
Anishinaabe in MI & mom to Taz, Nigel, and new baby brother Sammy, members of Dogs Against Romney, Cat Division
"Dogs Aren’t Luggage--HISS!”

[SoutherDem]

3. Romney thinks the middle class make $500K a year.

He can't even imagine trying to live on $20,000 a year what more he doesn't want to.

[KurtNYC]

4. Spin, not very good spin at that

Romney is running on fumes. He's got nothing but this kind of BS. I'm sure his little cult thinks this is good hard-hitting stuff. It is transparent lies.

[abolugi]

5. How many more tax cuts

do these "job creators" need before they actually start creating jobs??!!
Bullshit. If you give them more they will just hoard more!!!
Greedy Bastards!!

[1StrongBlackMan]

6. Oh, how I wish ...

Someone in the media ... anyone ... would ask the simple question:

"How does cutting taxes for wealthy individuals create jobs?"

Alternately, how about the media explore this wealthy individuals equals job-creators narrative?

I see it asked time and again (by working class gopers), "Have you ever been hired by someone poorer than you?" Or, "when was the last time you were hired by someone that was not wealthy?"

Both questions ignore the fact that it is not an individual that hires or creates jobs (except in the instance of personal services); but rather, a company or business.

Taxing that wealthy individual has no effect on whether that individual's business hires or creates a job.

[DCKit]

7. The Republics think "1984" is an instruction manual. nt

[aint_no_life_nowhere]

8. Do not incur the wrath of the Creators

You might bring down on your head the wrath of the Titans.