October 4th, 2012
01:41 PM ET
10 years ago
Romney's pledge: No tax cut for the rich
New York (CNNMoney) - The first debate between President Obama and Mitt Romney was a fire hose of fiscal issues that nonetheless left many questions unresolved.
Romney did try to answer one unequivocally: He said he will not cut taxes for the rich.
FULL STORY
From CNN Politics
- Judge rules Texas attorney general does not have to appear at hearing on abortion lawsuit after affidavit alleges he ran from person serving subpoena
- Want To Travel Practically Free? Get This Card
- Fact check: Republican attack ads against Warnock and Kelly mislead about Medicare
- Untitled
- In boost to Trump, appeals court opens door to DOJ shielding him in defamation lawsuit
- Biden says his administration is 'on alert and in action' to help with Hurricane Ian
It's on his website. 20% across the board tax cut. It's a part of Paul Ryan's plan. It's a part of his speeches literally before the debate and now... nope word is bond on debate night.
Are you serious?????
I knew it would take a nationally televised debate to get the truth of Romney's stances out there and not the message Obama tells the press to convey.
The guy looks straight into the American public face on National Tv with 50 million viewers and LIES ..would you really vote for such a man ...ah but Brutus says he was a honorable man , and if Brutus says then it must be true
"I knew it would take a nationally televised debate to get the truth of Romney's stances out there and not the message Obama tells the press to convey."
What message? He didn't reveal anything new. Tax plan? Nope. Jobs plan? Nope. Healthcare? Nope. He won the debate by Obama not being assertive and bullying the moderator. Jim, when he threatens your job YOU GROW A SACK.
Romney cannot deliver on this pledge. Even if Romney closes all loopholes for the rich in the tax code, there are not enough loopholes to make up for the 20% tax cuts he wants to give to the rich. Romney's plan is mathematically impossible. To paraphrase Romney, Romney is not entitled to his own laws of mathematics.
The cut is on his website, and appeared as late as yesterday in the news. Flip-flop or lie- YOU decide! To be fair- he seemed to try to soften the impact of another tax cut for the rich by calling it a tax cut for small business.
He said yes and no to everything all at once about everything today but maybe not tomorrow and I like big bird off with his head and the mountains are just the right size and whatever I said I stand by it what ever it was....
Three words from the article pretty much sum up exactly what's wrong with everythign Mittens is promising and all the "plans' he claims to have:
IT'S NOT CLEAR
This brand new, never before heard promise from Mittens just made his impossible math even more impossible.
And note: he said their "SHARE" of taxes...not that he wouldn't cut their taxes. Part of the problem with our tax code and its facilitation of the redistribution of the nation's wealth UPWARDS is that their SHARE is already too small, as it is effected by all the previous decades of supply-side trickle-down economic theory that has led to extremely low capital gains taxes and all sorts of deductions that only the wealth can take advantage of. Perpetuating the relative shares of the nation's tax code that already exist is not going to reform anything.
Romney truth came out? You poor delusional person. The truth for Romney is in the Republican party platform not in what he says between now and the election. He still scares me cause he is a bold faced liar.
Thomas,
We learned two things from Obama: He has a grandmother and pay no attention to what has happened over the past four years, we're looking forward now. Your candidate failed. Romney succeeded. Deal with it.
If winning a debate constitutes bullying, lying, interrupting, head bobbing, whining about who gets first word/last word, then I guess Romney won.
If speaking in terms that are honest, understandable, specific, and true to what he believes, then Romney lost.
He contradicts himself, his web-site, and his surrogates, so how are we supposed to know what he believes.
I still don't know.
Romney is a liar and its clear as day. When he ran Massachusetts as governor the state was 47 out of 50 in education he he claimed MA. Was #1 like he did it smh. Thank deval patrick (D) governor now.
20% tax cuts accross the board. That is what was on Lyin Romney web site and he has been saying for the last 6 months.
Another major etch a scetch, flip flop Lying moment.
@Borderless
Thomas,
We learned two things from Obama: He has a grandmother and pay no attention to what has happened over the past four years, we're looking forward now. Your candidate failed. Romney succeeded. Deal with it.
-–
We learned Romney has four boys going on 30 !
In word no tax cut to rich but there are many loopholes will benefit rich
You can not debate a LIAR.........
Romney has been campaigning on just the opposite. And he won't say what loopholes he will close, because mathematically, it is impossible to find enough loopholes to close to accomplish the things he says.
Obama may have looked stiff, but his substance still wins. Romney is promising everything and not talking about the costs. Its impossible.
Robme needs to remember he is now outside the GOP echo chamber at Fox and his sound bites will be held to a higher standard.
We can think for ourselves and realize life has gray areas and not just black and white as the simpletons inside the echo chamber prefer.
We live in the big, bad world, and even cut up our own food!
Spin it any way you want as usual Obammy was inept, end of story
I think the game change in the debate would have been if Jim held his ground and not let Romney pout his way into a rebuttal getting the last word on every single topic.
The first section he was literally having a meltdown. They really need the ability to cut mics, but Romney would have walked out.
The point is that Romney is wrong. There is going to be a cut in the tax rate for the wealthy (along with everyone else). We need them to put in more in taxes since they don't send the same amount of people in the military or into the non-profit sectors trying to help the poor and hungry. If the wealthy set up enough to take care of the rest of the country, there would be less need for the federal government to do it.