Priorities ad hammers Romney’s tax plan
(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.
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Romney's tax plan: 0% tax rate for Romney, since there'll be zero tax on capital gains, and he claims all his income is capital gains). 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.
More Romney policies: $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.
Hatred ? Genuine disrespect, but not hate. This is Politics , Romney , deal with it . You sound like a whiny Wimp. We all know you were The Bully in high School. What happened ? You can't take what you dish out ?
another household with... obama poster... getting ready to move in wih there parents..............
Just show this nation tears of taxes, please....
Ten years of taxes.
Romney's rising taxes on middle class is a pathological lie. Quite opposite, Obama will increase taxes drusrically. Moreover, Obama;s Medicare plan provides for death of Medicare patient due to catastrophic payment reduction to doctors and hospitals and therefore health services, if any will be, in addition to sharp increase in Medicare premium.
"A leading independent group supporting President Barack Obama’s re-election ..." – how's THAT for an oxymoron ??
Real cute CNN. The only picture on this web page with any sort of caption printed across it is very negative, misleading and intentionally hurtful for Romney/Ryan. Obviously done on purpose by you, CNN! Not to mention a complete lie! I'm talking about the photo of the nice family of 4 with the caption which claims that Ryan tax plan would raise taxes on middle class by up to $2000.00. Anyone who sees that gets all the information they need from your obvious BS photo and caption! Not a single caption on any other photo on the page. You are so obvious! This headline is a lie and you know it. Why do you spread this BS? Why don't you TELL THE TRUTH? You call Priorities USA a "leading independent" group? Independent? What a bunch of BS! You know damn well that Priorities USA is run by Bill Burton and is about as "independent" as Karl Rove! It was Bill Burton and Priorities USA who ran the ad which blamed Romney for the death of the laid off steel worker's wife. But you know all of this. Independent indeed! STOP LYING CNN! TELL THE TRUTH!
How can he talk about taxes when he want show his tax returns the media needs to keep pushing on this issue if it was President Obama this would be the headlnes each and every day. Romney thinks he we work for him but he wants the Presidency and he needs to complete his application and request from the people.
Romneyhood, steal from the poor and give to the rich.
“If Mitt Romney wins, the middle class loses,” text in the Priorities ad reads after clips of people portraying average Americans.
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But Obama won in 2008 and the middle class already lost. American voters are more convinced by what they see in their own lives than what they see in a political ad on TV.
Hmm. How is it that they are an "independent group supporting President Barack Obama's reelection?" Doesn't that make them not independent?
I can see why CNN would have trouble understanding that, though.
The idea that someone would reduce the income coming in and expect to spend the same or more just shows that they aren't thinking. What needs to be done is to have any income over a certain amount going to cover the debt that has been builidng since we were involved with Vietnam.
The problem: the repugulicans have not told America what they are going or how they will achieve it.....your suppose to wait until after the election to find out.
The Democrats are NOT for the Middle Class, and never have been. You didn't see any middle class folks at their convention. They were everone of them, types living off government hand outs, social security, unemployment, government workers, community organizers, special interest groups, welfare, and crying all the time. Their just scared the Democrats will lose, and they'll have to go out and get real jobs.
Where's Romney's old spokesperson? She has become strangely quiet... where did she go?
We Americans aren't stupid, obamas plan is to eliminate seniors all together by moving all medicare money to Obama care and using it to fund low lives who would rather live off the government than get a job
Typical hypocrisy from Republicans.
Never mind what and independent tax specialist agency says we are right because, get this, its paid for by unspecified elimination of tax allowances/ breaks. the point as the report says if you take the ones that "can be used to pay the cost of the tax cuts" that costs the middle class about $2k p.a and yes over 250 K get hit as well but they are still if you earn over $3m 250k better off.
I see also the ad is " a misleading attack from a discredited ally of the president" the only ally is the PAC running the ad but this Pac and the obam campaging Used the same non allied independent non partisan tax policy center.
OOps forgot we do not take note of fact checkers or non partisan independent agencies.
Because Y'all we are right all of the time.
Regards,
Hodgson.