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Tag Archives: Campaign Lies


Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney’s Tax Plan

by John McCormack

Last night, the Obama campaign blasted out another email claiming that Mitt Romney’s tax plan would either require raising taxes on the middle class or blowing a hole in the deficit. “Even the studies that Romney has cited to claim his plan adds up still show he would need to raise middle-class taxes,” said the Obama campaign press release. “In fact, Harvard economist Martin Feldstein and Princeton economist Harvey Rosen both concede that paying for Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000.”

But that’s not true. Continue reading


Check the Math: Romney’s tax plan does not raise middle class taxes

by John McCormackbutton obama tax plan

A study by the Tax Policy Center, a project of the center-left Brookings Institution and Urban Institute, claims that Mitt Romney’s tax plan is mathematically impossible.

TPC claims that Romney cannot cut tax rates by 20 percent across the board and maintain revenue neutrality without raising the net tax burden on the middle class. According to TPC, in the year 2015 under Romney’s tax plan, “maintaining revenue neutrality mathematically necessitates a shift in the tax burden of at least $86 billion away from high-income taxpayers onto lower- and middle-income taxpayers. This is true even under the assumption that the maximum amount of revenue possible is obtained from cutting tax expenditures for high-income households.” Continue reading


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