PRINCETON ECONOMIST CALLS OUT LYING OBAMA FOR FALSE CLAIMS REGARDING ROMNEY'S TAX PLANS.
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President Obama keeps saying that economists all agree that Mitt Romney’s tax plan would raise taxes on the middle class. In a fundraising email they(the Obama folks) named two economists, “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.” The problem, they didn’t make that concession.
But that’s not true Princeton professor Harvey Rosen tells THE WEEKLY STANDARD in an email that the Obama campaign is misrepresenting his paper on Romney’s tax plan:
I can’t tell exactly how the Obama campaign reached that characterization of my work. It might be that they assume that Governor Romney wants to keep the taxes from the Affordable Care Act in place, despite the fact that the Governor has called for its complete repeal. The main conclusion of my study is that under plausible assumptions, a proposal along the lines suggested by Governor Romney can both be revenue neutral and keep the net tax burden on taxpayers with incomes above $200,000 about the same. That is, an increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral.
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THERE YOU HAVE IT--OBAMA HAS BEEN CAUGHT IN ANOTHER LIE!