Mitt Romney, Tax Cuts For The Rich | featured news

The Tax Policy Center, analyzing that proposal, found that it would close only $1.3 trillion of Mr. Romney’s newly dug revenue hole. And no matter how many times the Romney campaign insists that independent studies “have demonstrated the Romney plan works,” that simply isn’t true — not with the parameters (revenue neutrality and no tax increases for those making less than $200,000) that Mr. Romney has set, and not unless you assume economic growth far greater than that predicted by Mr. Romney’s own advisers.

Now, at least, there can be no doubt about who is waging class warfare in this presidential campaign. Mitt Romney would pit the winners against the “victims,” the smug-and-rich against the down-on-their-luck, the wealthy tax avoiders against those too poor to owe income tax. He sees nearly half of all Americans as chumps who sit around waiting for a handout.

As the income gap between rich and poor widens, a majority of Americans say the growing divide is bad for the country and believe that wealthy people are not paying enough in taxes, according to a new survey. The poll released Monday by the Pew Research Center points to a particular challenge for Republican presidential candidate Mitt Romney, whose party's policies are viewed by a wide majority as favoring the rich over the middle class and poor.

Former Massachusetts Gov. and potential GOP 2012 presidential candidate Mitt Romney today penned an op-ed in USA Today criticizing the tax deal, though he stopped short of urging Republicans in Congress to vote against it. "Death and taxes, it is said ...