Mitt Romney should not be allowed to lie his way into the presidency. He claimed his 20 percent income tax cut would not cost $5 trillion, but independent tax economists at the Tax Policy Center calculate the price tag at $360 billion the first year or $5 trillion over a decade. Then, after 18 months of saying he would cut taxes on the rich, suddenly he says he won’t.
Romney claimed his tax proposal would be revenue neutral for the rich because he would close loopholes and eliminate certain deductions, but he refuses to tell us what they are. The Tax Policy Center concluded that Romney’s proposal would create “a net tax cut for high-income taxpayers and a net tax increase for lower — and or middle-income taxpayers.”
Romney has said repeatedly that one of his first acts as president would be the repeal of the Affordable Care Act. He claimed “Obamacare puts the federal government between you and your doctor.” Absolutely false.
This overnight compassionate conservative claimed his health plan would cover pre-existing conditions. After the debate his top adviser admitted that insurance companies could still deny coverage.
Romney lambasted President Obama for taking $716 billion out of Medicare. While Obama cut that amount out of waste and unfair profits of care providers, Paul Ryan’s budget takes the exact same amount away from seniors. If Romney restores the $716 billion, he will be rewarding the insurance companies and the overcharging hospitals.
Romney claimed there were 23 million people out of work or who had stopped looking. To the official figures he had added 8 million part-time workers. And now unemployment is reported to be 7.8 percent.