candrew said:
He has said on many occasions that the rich are over-taxed.
colton said:
OK, please show us some quotes where Romney has said that the rich are over taxed. I'd like to see what the exact context of his words were.
Wow, this thread has taken off. 78 posts since I wrote that last night. I just browsed them and really don't have time to reply to many, so my apologies.
Unless I'm mistaken, though, it looks like candrew himself didn't respond to my request for quotes where Romney has said that the rich are overtaxed.
Of the people who did, The Thriller had the most complete response, in post 634 of the thread. If I read it correctly, his lengthy response boils down to:
1. Romney didn't actually ever say that the rich are overtaxed.
2. Romney's current tax plan, however, will likely result in slightly lower taxes for the rich and slightly higher taxes for poor/middle class. As evidence, he provided this link:
https://factcheck.org/2012/08/romneys-impossible-tax-promise/
That's a very good article, by the way. I love factcheck.org.
My response is: I completely agree with you that Romney's plan as currently stated would likely have that effect. But that's completely beside the point, because (a) it still doesn't demonstrate that Romney has said the rich are overtaxed (like candrew claimed), or even (b) that Romney necessarily wants to lower taxes for the wealthy and raise them on the poor/middle class. Yes, the Tax Policy Center's analysis shows that his plan would likely have that effect--but if it were so obvious that that would be the effect, the analysis by the TPC wouldn't have even been necessary. We'll have to wait and see if/how Romney modifies his plan in light of the TPC report--which by the way only came out 5 days ago according to the factcheck.org article.
Moreover, I'm not even sure that Romney's current plan is terribly important right now because (c) tax rates are set by Congress, not by the president (afaik; please correct me if I'm wrong), and (d) there's no chance that such a tax plan would get passed in its current form--there's a heck of a lot more poor/middle class people than there are rich people, so there's no possible way (in my opinion) the lawmakers would actually increase the tax rate for the former over the latter.
Plus, and perhaps most importantly, NONE of that is even remotely relevant to whether Romney should be compelled (by media, etc.) to release more of his own tax records. I still completely reject candrew's (and others') arguments to that effect. The tax code is completely open and known, so how does looking at the specific application to one person's finances tell us anything? It's doesn't. Unless there is evidence that Mitt CHEATED on his taxes, which there isn't, I don't see how his taxes are even remotely useful/interesting... except for the people trying to embarrass him. And in that sense the demands for Mitt's taxes are just like the demands for Obama's birth certificate (as I've said before). What this DOES show, however, is that a detailed analysis of any proposed tax changes needs to be done very carefully and completely in the open, in a non-partisan way--but afaik that's already done as a matter of procedure by the CBO.