Mitt Romney’s tax plan would lower tax rates for everyone, including middle-class households, while also managing to close the deficit. At least if you ask Mitt Romney.
Others are a little bit more skeptical.
The Tax Policy Center recently concluded that it’s mathematically impossible to keep all of Romney’s promises for tax cuts and still reduce the deficit. Other economic pundits from Paul Krugman to Josh Barro agree. So who’s likely to get slammed? Many suspect the middle class.
Still, it’s hard to tell, given that Romney has been less than forthcoming about the specifics of his plan. At Tuesday night’s debate and in many media appearances, Romney has avoided giving details of his plan.
Watch him skirt the issue every chance he gets.