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...An analysis from the nonpartisan Tax Policy Center has met with particular scorn as it concluded Romney's plan is mathematically impossible -- that there simply aren't enough deductions, credits or loopholes in the tax code to offset the cuts for the well-off without wreaking havoc.
As
Bloomberg View's Josh Barro has demonstrated, efforts to poke holes
in the tax center's work are unconvincing.
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The
desire for specificity is hardly unreasonable. Running in 2000,
George W. Bush insisted that his proposed tax cut would be a boon to
the middle class. Experts demurred, arguing that the top 1 percent of
income earners would reap a windfall. Like Romney, Bush declined to
show his math. In the end, his 2001 tax cut delivered almost half of
its benefits to the top 1 percent and initiated Bush's march toward a
trillion-dollar deficit...
- Kennebec "Journal," Kennebec, ME
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