Romney/Ryan Tax BS

Over at Bloomberg Josh Baro has The Final Word on Mitt Romney’s Tax Plan.

Mitt Romney‘s campaign says I’m full of it. I said Romney’s tax plan is mathematically impossible: he can’t simultaneously keep his pledges to cut tax rates 20 percent and repeal the estate tax and alternative minimum tax; broaden the tax base enough to avoid growing the deficit; and not raise taxes on the middle class. They say they have six independent studies — six! — that “have confirmed the soundness of the Governor’s tax plan,” and so I should stop whining. Let’s take a tour of those studies and see how they measure up.

The Romney campaign sent over a list of the studies, but they are perhaps more accurately described as “analyses,” since four of them are blog posts or op-eds. I’m not hating — I blog for a living — but I don’t generally describe my posts as “studies.”

Shorter Baro – they are all as much BS as Romney’s plan itself.

But leave it to Matt Taibbi for the real take down.

I’ve never thought much of Joe Biden. But man, did he get it right in last night’s debate, and not just because he walloped sniveling little Paul Ryan on the facts. What he got absolutely right, despite what you might read this morning (many outlets are criticizing Biden’s dramatic excesses), was his tone. Biden did absolutely roll his eyes, snort, laugh derisively and throw his hands up in the air whenever Ryan trotted out his little beady-eyed BS-isms.

But he should have! He was absolutely right to be doing it. We all should be doing it. That includes all of us in the media, and not just paid obnoxious-opinion-merchants like me, but so-called “objective” news reporters as well. We should all be rolling our eyes, and scoffing and saying, “Come back when you’re serious.”

The load of balls that both Romney and Ryan have been pushing out there for this whole election season is simply not intellectually serious. Most of their platform isn’t even a real platform, it’s a fourth-rate parlor trick designed to paper over the real agenda – cutting taxes even more for super-rich dickheads like Mitt Romney, and getting everyone else to pay the bill.

Taibbi goes on to point out that Ryan wouldn’t even answer yes or no questions on the tax plan and not only Biden but Martha Raddatz called him on it.

During the 2008 campaign I often referred to Sarah Palin as a snake oil salesman.  Will guess what, that’s exactly what both Romney and Ryan are.

MS. RADDATZ: Well, let’s talk about this 20 percent.
VICE PRESIDENT BIDEN: Well – (chuckles) – 
REP. RYAN: Different than this administration, we actually want to have big bipartisan agreements. You see, I understand the –
MS. RADDATZ: You have refused yet again to offer specifics on how you pay for that 20 percent across-the-board tax cut. Do you actually have the specifics, or are you still working on it, and that’s why you won’t tell voters?

Here Ryan is presented with a simple yes-or-no answer. Since he doesn’t have the answer, he immediately starts slithering and equivocating:

“We want to have bipartisan agreements?” This coming from a Republican congressman? These guys would stall a bill to name a post office after Shirley Temple. Biden, absolutely properly, chuckled and said, “That’d be a first for a Republican congress.” Then Raddatz did exactly what any self-respecting journalist should do in that situation: she objected to being lied to, and yanked on the leash, forcing Ryan back to the question.

 Raddatz tries several times to pin Ryan down without success. It’s hard to pin down a snake oil salesman.

Taibbi concludes with this:

The Romney/Ryan platform makes sense, and is not laughable, in only one context: if you’re a multi-millionaire and you recognize that this is the only way to sell your agenda to mass audiences. But if you’re not one of those rooting gazillionaires, you should laugh, you should roll your eyes, and it doesn’t matter if you’re the Vice President or an ABC reporter or a toll operator. You should laugh, because this stuff is a joke, and we shouldn’t take it seriously.

Cut Taxes via Shutterstock

Cross posted at Middle Earth Journal

5 Comments

  1. All true, but will America require more info? Which battleground states care? Florida, Virg, and NC won’t. I’ve already given them to romney on my electoral map. Col will be interesting.

    As it stands now, I have Obama barely winning.

  2. This article speaks to me on many levels.

  3. LOL One academic and 5 bloggers from heritage and AEI. The AEI is also used in a pro-Romney add, while claiming that AEI is a nonpartisan group.
    http://factcheck.org/2012/10/r.....-tax-tale/

    Mitt Romney falsely claims in a series of TV ads that President Obama “will raise taxes on the middle class by $4,000.” That’s nonsense. The ads cite a conservative group’s study, but even the group itself doesn’t say Obama will raise taxes on middle-income taxpayers. It says his budget could result in a “potentially higher tax burden” over the next 10 years.

    In fact, the group’s study considered two other budget scenarios — current law (allowing the Bush-era tax cuts to expire as scheduled at the end of this year) and current policy (extending current policies into 2013, including extending the Bush-era tax cuts) — and determined that Obama’s budget “provides a middle ground between these two extremes.”

    The American Enterprise Institute, which conducted the study, is described in one of Romney’s ads as “nonpartisan” and “independent.” In fact, it is a conservative, pro-business think tank whose leaders include former Vice President Dick Cheney and whose academic advisers include Romney’s chief economic adviser, R. Glenn Hubbard. Three of its board members — including its chairman — gave nearly $1.7 million in combined contributions to the pro-Romney super PAC Restore Our Future

  4. Good work Rudi. I so wished the american voter cared, but I am beginning to think that it doesn’t matter what the Republicans claim re taxes. Very few are listening except Dems, who won’t vote for Romney anyway. If the Republicans and “undecideds” can forget about the 47% remark, which in itself should have been enough to sink his credibility, they also forgot his ” let the poor go to emergency rooms” comment which showed the depth of his knowledge re:healthcare. The man has been caught in so many half truths and no truths it should have alarmed more than just the Dems. Most of us know what will happen to taxes if Romney gets elected, and he will weasel out of it by blaming congress. The Republican populace will agree with him and continue to blame the evil liberals for all their woes. The saga continues .What this all says to me is that if Republicans can support a man like Mitt Romney regardless of how transparently deceitful he is, they will blindly follow anyone.

  5. Romney and Ryan continue to insist that their grand tax plan has specifics, but they refuse to provide them.
    Possible explanations:

    Door 1: The specifics do not exist.

    Door 2: The specifics conflict with the fundamental assertions being made by the Romney campaign.

    Door 3: If the undecided and moderate voters knew the specifics before the election, Romney’s chances for winning would plummet.

    Door 4: The specifics are so brilliant and revolutionary that Romney is afraid his opponent will steal his tax policy proposals if he discloses the details before the election.*

    * you always need to throw in a completely absurd choice in a multiple choice quiz … for comic relief.”

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