Romney’s Tax Policy “Mathematically Impossible”

The Republican nominee- Willard Mitt Romney- has yet to release his tax returns, but has given two details about his tax plan. He promises to reduce the deficit, but also to cut marginal tax rates by 20% across the board.

When the nonpartisan group Tax Policy Center (whose work was previously described by the Romney campaign as “objective, third-party analysis”) conducted analysis of Romney’s tax policy while giving it the benefit of every doubt and implausibly favorable conditions, they found that his tax policy was “mathematically impossible” without tax increases on the middle class.

Now that it objects to the Tax Policy Center’s conclusion, the Romney campaign is describing their work as “just another biased study from a former Obama staffer.”

Tags: economy, politics