Mitt Romney's $5 Trillion Tax Cut Plan Explained


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Or instead of the constant trolling, you could do some research and learn the details of his plan...

None of this has been a secret, and it doesn't take a genius to figure any of this out.

http://www.mittromney.com/issues/tax

That was as helpful in explaining how he's going to cover all of those tax cuts as the OP's website was.

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He doesn't seriously think he can cut $5T in taxes, does he? :s

No, he doesn't. It is a lie that the Obama and his campaign has been telling. A lie that was debunked by numerous sources, including CNN. A lie that one of Obama's own campaign managers has admitted is not true. But they keep telling the lie, making fake web sites, and pushing this made up "fact" to try to "prove" that Romney hates people who are not rich.

http://youtu.be/Kg0BmPhz2Dw

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Most informative election 2012 site ever created! thanks OP!

well Obama and friends have yet to pass a budget in 4 years. I'll take any plan over no plan...

So stating results without any method to achieve them counts as a plan now?

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Funny how Paul Ryan was asked about this twice during the VP debate and he gave a non-answer.

Yes, because he can describe the entire tax code in the two minutes he is given during debate. And with the time taken away when Biden would interrupt him, laugh like a buffon, and shout like an old man telling kids to get off his lawn, it would leave about 8 seconds.

Why don't we ask Obama or Biden to read off the entire Obamacare law in two minutes? Why can't they do it? And that law is much, much larger than the entire tax proposals that Romney has on his web site.

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No, he doesn't. It is a lie that the Obama and his campaign has been telling. A lie that was debunked by numerous sources, including CNN. A lie that one of Obama's own campaign managers has admitted is not true. But they keep telling the lie, making fake web sites, and pushing this made up "fact" to try to "prove" that Romney hates people who are not rich.

Politifact would like to have a word with you..

http://www.politifac...-romney-tax-pl/

http://www.politifac...sidential-race/

Also, I don't see a problem with the video about Stephanie Cutter. She admits that it's a $5 trillion dollar tax cut, and that some of it will be paid for by closing loopholes, but the problem is there aren't enough loopholes to make up for that $5 trillion, so the money has to come from somewhere.. and if Romney wants to spend an additional $2 trillion on defense, then the only things left for cutting are Medicare, Medicaid, SS, corporate welfare, and social welfare if Romney wants to stay deficit neutral.

Based on the lack of specifics from the Romney/Ryan plan, Bill Clinton is right, the math doesn't add up!

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well Obama and friends have yet to pass a budget in 4 years. I'll take any plan over no plan...

Ummm you do realize it is Republicans that stop it every time because it unfairly 'taxes them' sorry I mean the rich!

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Politifact would like to have a word with you..

http://www.politifac...-romney-tax-pl/

http://www.politifac...sidential-race/

Also, I don't see a problem with the video about Stephanie Cutter. She admits that it's a $5 trillion dollar tax cut, and that some of it will be paid for by closing loopholes, but the problem is there aren't enough loopholes to make up for that $5 trillion, so the money has to come from somewhere.. and if Romney wants to spend an additional $2 trillion on defense, then the only things left for cutting are Medicare, Medicaid, SS, corporate welfare, and social welfare if Romney wants to stay deficit neutral.

Based on the lack of specifics from the Romney/Ryan plan, Bill Clinton is right, the math doesn't add up!

CNN has fact checked it, and it is simply not true. Cutter first said "It will be a 5 trillion dollar tab", then she said "It will not be near 5 trillion dollars." So she doesn't know what she is talking about. Then she tells CNN to prove it - why doesn't she prove it? She is the one making the claims, the burden of proof is upon her to do it. So why doesn't she, she was there on TV she had the chance to, but either couldn't be bothered or it is all a lie, like she admitted it is.

And we do know what does add up - Obama's record. His record adds up to $1+ trillion deficits year over year over year over year even after he claimed that he would cut the yearly deficit by half, and is still claiming he will do it. But that is OK, we need to make up a mythical $5 trillion over 10 years lie.

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And we do know what does add up - Obama's record. His record adds up to $1+ trillion deficits year over year over year over year even after he claimed that he would cut the yearly deficit by half, and is still claiming he will do it. But that is OK, we need to make up a mythical $5 trillion over 10 years lie.

You know what would fix that? Tax cuts. 20% for everybody.

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