This is def one thing you don’t tell folks in a swing state when your azz is trailing so far behind. Mitt’s on a roll as he’s campaigning through Ohio and he better check himself before he wrecks himself (again).
Currently trailing behind POTUS by 10 percent in Ohio, today was supposed to be Robney’s chance to turn things around. He failed.
“We have got to reform our tax system,” Romney said at a morning event here. “Small businesses most typically pay taxes at the individual tax rate. And so our individual income taxes are the ones I want to reform. Make them simpler. I want to bring the rates down. By the way, don’t be expecting a huge cut in taxes because I’m also going to lower deductions and exemptions. But by bringing rates down we will be able to let small businesses keep more of their money so they can hire more people.”
The comments were either a flub on Romney’s part or an admission that many of the deductions and exemptions that he will have to target in order to make his tax plan deficit neutral will end up affecting the middle class.
To date, Romney has said that he will only eliminate deductions and exemptions above a certain income level. He hasn’t said what that income level would be. But when asked whether he would make $100,000 the cutoff, he said that he considered “middle income” to be “$200,000 to $250,000 and less.” (One of the few Romney-backing studies has said that the only way his tax plan adds up is if he eliminates deductions and exemptions above that $100,000 income level).
Good thing us commoners know how to read into what this moron’s always saying.
Images via WENN