Princeton Economist Calls Out Obama’s Tax Plan Lies

During last week’s presidential debate that had Mitt Romney dismantling Barack Obama’s repeated use of cliches and class warfar rhetoric, Barack Obama attempted to portray Mitt Romney’s tax plan as simply a 5 trillion dollar tax cut that would hurt the Middle Class.  Today, the very same economist Obama used to make that claim is coming out AGAINST the president – claiming Barack Obama is “misrepresenting” what he actually said about the Romney tax plan – a somewhat friendlier way of saying President Obama is LYING – yet again.


Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney’s Tax Plan

…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.   LINK

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Be courteous to all, but intimate with few, and let those few be well tried before you give them your confidence. -G. Washington

6 Comments to Princeton Economist Calls Out Obama’s Tax Plan Lies
    • bill o'rights
    • Great find UM!!

      A very succinct rebuttal, proving not only that Obama’s attacks on Romney are unwarranted, but that they are, in fact, more lies.

      Now, we must get this out to everyone!

      My only fear is the general economic illiteracy that abounds, here in America.

    • VTX
    • Ever speak with the average reporter? They all feel underpaid, overworked and underappreciated. They all buy Obamacrap ™

      Obamacrap(tm) is that gooey feeling you get when you hear the President talk about taking from Peter (the other guy) and giving to Paul (you.) Obamacrap(tm) is guaranteed to increase the sensation of Resentment, improve Envy levels (discernible with certain blood tests) and raise the feeling of Entitlement. Is Obamacrap ™ right for you?

      Obamacrap ™ is available free – the other guy is paying for it!

    • Jules
    • Joe Wilson at :14, “You lie!”

      Tool & The Gang care even less now, if that is possible, than they ever did about being caught in a lie. By any means necessary means just that.

      So the economist didn’t say what Barry said he did, big deal; “we don’t care,” they say, “We don’t have to care. We’re Democrats.” Nobody is really stopping them – yet.

    • charlotte
    • Rosen should be careful. He should put this out everywhere. But he WILL be audited by the IRS just like Obama’s college mate Wayne Allen Root. who was audited for 2007 and 2008 then a week later for 2010 and 2011

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