(CNN) – A leading independent group supporting President Barack Obama’s re-election released a new ad Saturday chiding Republican candidate Mitt Romney’s proposed tax plan for laying the economic burden on middle-class Americans.
The Priorities USA Action ad titled “We the People” will run next week online and on televisions in six key battleground states – Colorado, Florida, Iowa, Ohio, Virginia and Wisconsin.
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The ad will run as a part of a $30 million project aimed at putting a dent in the Romney/Ryan economic plan, casting the pair’s tax proposals as detrimental to the middle class, according to a release about the ad.
The ad hangs its case on a report from the nonpartisan Tax Policy Center released in August that determined Romney's plan would provide large tax cuts to the wealthiest Americans while increasing the tax burden on the lower and middle classes.
The Romney campaign has taken issue with the report, saying it does not take into account the Republican nominee’s full plan, failing to account for additional revenue that would result from a part of Romney’s plan reducing the corporate tax rate.
Romney’s plan also calls for a continuation of the Bush-era tax cuts to today’s income rates and elimination of the alternative minimum tax. While Romney’s tax cuts would lead to a reduction in government revenue, the Republican nominee says the plan makes up the difference by limiting deductions, exemptions and credits currently available to top-level income earners. Romney has not yet provided specifics on which tax breaks he would eliminate.
“If Mitt Romney wins, the middle class loses,” text in the Priorities ad reads after clips of people portraying average Americans.
The narrator in the ad says Romney’s budget plan will hurt the middle class, “Raising taxes on the average family by up to $2,000 while giving a tax break of $250,000 to multimillionaires.”
“Doesn’t Mitt Romney understand?” The narrator continues. “We can’t rebuild America by tearing down the middle class.”
“Americans do not accept Mitt Romney's vision that says the middle class should bear more of the tax burden so multimillionaires can enjoy another tax cut,” senior Priorities strategist Bill Burton said in a statement about the ad.
The Romney campaign pushed back against the ad, which they call a "misleading attack from a discredited ally of the President."
"The only candidate running who wants to raise taxes is President Obama," said Romney campaign spokesperson Ryan Williams, adding that Obama has run out of economic solutions for the country. "After yet another devastating jobs report, the last thing we need is more of the same failed policies that haven't worked. Mitt Romney wants to lower rates across the board, spur growth and investment, and get our economy back on the right track."
Obama’s own campaign released an ad with a similar message to Priorities' new ad last week, hitting the president’s opponent for his tax proposal and using the Tax Policy Center report as evidence of the damaging effect Romney’s plan will have on the middle class.
Mitt the twit will get back to us later with that economic plan. He may not be ready for China if he can't go to the Olympics
and not insult our closest ally.
Romney needs to take his five sons down to the local recruter , he can tell them it's not just a job , it's an adventure !
Show us your Taxes !
I can't wait for romney the tax cheat in Nov and self deport to Mexico where he came from ,he's a nightmare!!!!!
Define "independent group" if it supports Obama's re-election. Either it's "independent" or it's not.
I thought the GOP was against raising taxes, however, it's apparent that their tax plan is only to prevent raising taxes for those making more than $350K a year.
So exactly why are all of those GOPers that make less than $350K voting for Romney? Think about it...
Like the democrats care about the middle class except at election time!
I did the math for my family and we would pay $1300 more a year!
OBAMA 2012 because he CARES about the middle class!
Mittens needs even greater tax breaks, after all, car elevators are not free.
Dont forget, Tax cuts for the rich like Mitt.
Google the mormon practice "Lying for the Lord" and also google White horse prophecy. Mitt believes that stuff.
And its pretty scary stuff.
As the spokesperson for birthers and even with giving seniors medicare vouchers, personhood candidate Mittens' plan will only increase the national debt by $5 trillion. The Mittens plan will lose over 2 million jobs, and still, the right wingnuts are salivating over the destruction of the middle class.
When mitts responds: " the last thing we need is more of the same failed policies that haven't worked. ", Obama's policies worked great for the first year and a half.
Voters should know that it is wrong to accuse the President's policies of not working when repugs in Congress have blocked those policies since they got 41 votes in the Senate, and later with a majority in the House.
repugs are afraid to give the President a chance to fix the economy because they want him, and the USA under his watch, to fail.
Excuse me while I puke. These koolaide sippers keep believing that obama has the answer. Look at what hes said and promised four years ago, and look at where we are now.. Look at what he is now promising and where we will be in four more years under his lack of leadershiip. Look also at the excuses he and his crones have made for his miserable failure of the last term......
Well since the it doesn't mention how Romney will raise 2000. on the middle clase this ad is bogus.
An old cliche, but still holds true today: Smoke and mirrors. As Clinton said, it's Arithmetic. Guess Romney didn't learn the basics in his private school.
He wants taken into account revenue increases that he has not specified? This is the most notoriously dishonest man to ever run for POTUS in my lifetime. If he wins, we deserve him. From the people who vote for him because hes not Obama to the people who couldnt take time to vote to the people people who voted Obama but couldnt donate so much as 2 dollars to the Obama campaign, we deserve Romney.
Finally, some meat against the lying duo.
I'm not voting for someone who fails to give ALL the details of his plan to lower the deficit or who fails to show his federal tax returns. Just what deductions for top income-level income earners does he have in mind? What deductions do they now receive that the middle class does not? He can claim to have paid his fair share of taxe but we'd like proof. I'd like to know why he doesn't trust the American people enough to show more than two years. What are you hiding, Mitt?
The Charter schools will ALSO cost between $6 and $10 thousand per child per year for K-12. How about them apples?
Vouchers for seniors will cost each of them upwards of $6000 per year - to START.
Oh yeah – those billionaires need that extra $250,000 per year in tax cuts. Oh yeah.
Robme has no plan to lift this nation economically without sabotaging the middle class and licking up the upper class 1 percenters! Paul Ryan and the 112th Congressional Republicans have introduced: 46 Bills on Abortion,113 Bills on Religion, 73 bills on family relationships, 36 bills on marriage,72 bills on firearms, 604 bills on taxation, and 467 bills on government investigations, but BLOCKED the American Jobs Act. Not a bad deal for those who only work 9 days a month for full pay and benefits! Lucky for us, they've made repealing Obamacare a priority for the 31st time again recently.
mr romney the president hasnt raised taxes and the only thing discredited is you.
Do you all think that the reason he won't show taxes is that he hasn't been totally up and up with church. Maybe they don't know about all those overseas funds. I don't know..its just strange and kind of dumb that he wasn't prepared to do this since he has been running so long. I know I won't even consider him unlless he comes out clean but I probably wouldn't anyhow because of his running mate Eddie Haskell from Leave it to Beaver, didn't like him and don't like lyin Ryan either.
After the President's stealing $716 billion from medicare to finance the disaster called Obamacare, I'll take Ryan's and Romney's plan anyday. I will not vote for Obama !
Romney's tax plan: 0% tax rate for him (check it out); higher taxes for you and me. More and more tax breaks for the rich like the ones that allowed Romney to pay only 13.9% income tax on an income of over $20 million per year. $200 billion more for more foreign wars, Bush-style; destruction of Medicare and Social Security.
Result of all this: more and more Federal deficit, not less; ruin for the American economy and for ordinary Americans without tax-cheat accounts in the Cayman Islands.