“Not As Radical But Just As Ridiculous”: Mitt Romney’s Tax-Plan Flim-Flam
Well, it was about perfect, wasn’t it, that Mitt Romney gave his big economic speech before about 1,200 supporters in a 65,000-seat football stadium? Whether the stadium or the speech was emptier is the obvious question of the moment. Pathetic as the pictures of the event were, I’d have to hand the trophy to the speech. Some of Romney’s specifics weren’t as far out there as those of his opponents. His proposed individual marginal tax rates, for example, are radical, but not as radical as those announced by the remaining three other Republican candidates. But his plan is even worse than theirs are in a way that we’ve come to know as typically Romneyesque. He is desperately eager to please the right wing and also to try to seem like the responsible one, but there is no way to do both of things without lying.
First, though, let’s discuss that venue. So a hotel ballroom was oversubscribed. Okay, I know Detroit has been down on its luck for the better part of 40 years, but even so I find it pretty difficult to believe that there is not a venue in the whole metropolitan area that has a capacity somewhere in between the Westin Book Cadillac ballroom’s 1,000 or whatever and Ford Field’s 65,000 (for football; 80,000 for wrestling). The University of Detroit’s basketball teams, for example, must play somewhere. Reports indicate that the Economic Club of Detroit, not the campaign, made the switch. But someone at the campaign said, “Gee, okay!” It’s not a catastrophe, but it is staggeringly stupid. Imagine the field day the right-wing agitprop machine would have had in 2008 with Barack Obama doing something like that. Indeed remember the sport they made of the mere fact of Obama giving a speech in a football stadium, even after he did in fact fill it.
But the deception involved in trying to make 1,200 supporters seem like 80,000 is nothing next to the deception of the plan itself. Romney would lower all six current individual tax brackets by 20 percent. That’s not as drastic as his opponents’ plans. Newt Gingrich, for example, would let any taxpayer choose between paying under the current regime or just paying a 15 percent flat tax. Rick Santorum would have most taxpayers paying just 10 percent. So this is the Romney-the-Reasonable part of the plan. Sticking with six brackets is supposedly meant to signal that he believes in a little stability and is not a loon.
Reducing those rates, of course—along with the reduction of the corporate rate from 35 percent to 25 percent; along with massively increasing Pentagon spending—will reduce revenue. And here’s the catch, via The Wall Street Journal’s write-up. Romney “said Wednesday that as president, he would direct Congress to make up lost revenue from the rate cuts by limiting deductions, mostly for wealthier Americans. Mr. Romney and his aides didn’t say which deductions would be targeted.”
Ah! There it is. Deductions? We’ll figure those out later. Listen, I have a new fiscal plan for the Tomasky household that I am announcing today. I’m going to go half-time at the Beast and quit doing all my other work, thereby reducing my income by well more than half. But circumstances dictate that I also need to buy a new car, and a nice car, a Lexus, because this household needs a husband/father who isn’t ashamed to be a Tomasky and is prepared for the future because the roads can get awfully dangerous out there in Montgomery County. How will I pay for it, you ask? Well, first of all, you’re a freedom-hater for even asking the question, and second, I’ll simply cut all other household spending to the bone. I’ll end up revenue neutral, I swear.
Romney’s plan is literally about that serious. He won’t announce which deductions because it’s really hard to go after deductions, and because there is probably not enough money there anyway to make up for the lost revenue. But trust him, it’ll all work out.
And here’s a curious thing. Romney commits a grave error, from the right-wing point of view, in even acknowledging that there is lost revenue. If he’d gone to the Mitch McConnell School of Economics he’d know that cutting tax rates increases revenue. So the really interesting question here is: Why does Romney even bother to acknowledge that there will be lost revenue that will need to be made up?
He acknowledges it because some small but quickly vaporizing part of the man still retains some attenuated grasp of fiscal reality. So rather than tell the balls-out, red-meat lie that reduced rates will raise more revenue, he tells the squishy and weasely lie that he’ll take care of the imbalance at a future unspecified date in some future unspecified way. And that, my friends, is Romney to the core. He thinks he can finesse everything, that he’s much cleverer than he is, that somehow people won’t notice. But no one’s buying his line about the bailout. It’s patent nonsense, and Steve Rattner just demolished it on the Times op-ed page today. Romney also looks a little graceless, by the way, saying that he drives the Mustang and the GM pickup, while his wife drives the Cadillacs, plural. The way he added that after a pause, it reminded me of John McCain not remembering how many houses he owned. But Romney remembers. He just thinks he can bluff it.
He makes me really wonder about the private sector in this country. Did he earn all those millions behaving this way, telling people what they wanted to hear, then maybe doing something else entirely, then saying to them that that was his plan all along, then jovially throwing a colleague under the bus? Don’t answer that question.
By: Michael Tomasky, The Daily Beast, February 25, 2012
“Everyday Mitt”: A Few Of Mitt Romney’s Favorite Things
Mitt Romney Visits Michigan
“I love this state. It seems right here. The trees are the right height. I like seeing the lakes. I love the lakes. There’s something very special here. The Great Lakes, but also all the little inland lakes that dot the parts of Michigan. I love cars. I dunno, I mean, I grew up totally in love with cars.”
—Mitt Romney, February 16, 2012
Mitt Romney Visits Arizona
“I love this state, too. It seems right here. Even more right than Michigan. The heat is the right temperature. The spines on the cacti are just the right sharpness. I like drought. I enjoy canyons. I grew up totally in love with canyons. There were pictures of canyons on my bedroom wall. I also love mountains.”
Mitt Romney Visits the Dentist
“I love this place. I love drills and fillings. I love plaque, and also the removal of plaque. I like teeth that are inside the mouth, but I also like teeth that are outside the mouth. I grew up totally in love with novocaine. I’m addicted to novocaine. I wish I could go to the dentist every day, and get a shot of novocaine. My dentist is just the right height. He’s also approximately the right width.”
Mitt Romney Visits the Bathroom in the Coach Section of a Commercial Airplane
“I am absolutely in love with this place. The toilet is just the right size. I love cramped spaces that smell like human waste. I’m totally in love with used paper towels. I like it when other passengers flush the toilet, but I also like it when they don’t.”
Mitt Romney Visits a Department of Motor Vehicles
“I love this place, so much. The lines are just the right length. Not too short. I hate short lines. I love how this place hearkens back to a simpler time in our history, before we knew how to efficiently process people through a system that could very easily be automated. I grew up in love with civil servants struggling to perform simple tasks. There’s something very special in here. The eye charts. I love eye charts.”
Mitt Romney Visits Rick Santorum’s House
“I really love this place. I love tiny houses that only cost one or two million dollars. I grew up in a bedroom about the size of three of these houses. I love the domestic staff that works inside a house, but also the staff that works outside a house. Where is all the staff? I don’t see them. I think this house is terrific, especially given the size of Rick Santorum. I think he is the perfect depth.”
By: Jeremy Blackman, The New Republic, February 24, 2012
Clarence Thomas Mentee: “No One Would Notice If Roe V. Wade Were Overturned”
Wendy Long, a conservative judicial activist challenging Sen. Kirsten Gillibrand (D-NY) said yesterday that no one would miss Roe v. Wade, the landmark Supreme Court case that legalized abortion, if it were overturned. Long clerked for Supreme Court Justice Clarence Thomas and served as a counsel for the conservative Judicial Confirmation Network, but is perhaps best known for spearheading several inaccurate race baiting attacksagainst Justice Sonia Sotomayor during her confirmation process.
Long made the abortion comment to Capital New York’s Reid Pillfant at the Manhattan GOP’s annual Lincoln Day Dinner last night:
“I think there is a universal understanding among the legal community that Roe v. Wade was a very flawed legal decision,” she said. “It’s a horrible decision from a constitutional law standpoint, and even liberal law professors will tell you that.
“I believe that the issue of abortion should be left to the people to decide. The Constitution doesn’t mention the word abortion. So I think that’s what it’s really all about. And if Roe v. Wade were overturned tomorrow, nobody would even notice, because the states are legislating their own laws about abortion, completely independent.”
Republican-controlled legislatures are attempting to restrict women’s access to abortion services, but Roe is preventing them from outlawing abortion entirely. Should the precedent be overturned, a lot of women would almost certainly notice as plenty of states would criminalize the procedure.
By: Alex Seitz-Ward, Think Progress, February 24, 2012
“Son Of Detroit”: Mitt Romney Overplayed His Hand In Michigan
In the campaign world, it’s almost a cardinal rule: Undersell your chances, then overdeliver at the ballot box. Former Gov. Mitt Romney never got the memo on this, and he might well pay a severe price for this misstep in next week’s Michigan primary.
After squeaking by in the disputed Maine nominating contest and getting clocked by Santorum in Missouri, Minnesota, and Colorado before that, Romney’s veneer of invincibility was gone and his campaign was left to deal with a harder question: Could he lose his home state of Michigan?
True, Romney was born in Michigan, where his father was a prominent auto executive and later governor. But Mitt Romney is more identified with Massachusetts, where he served as governor, or even with Mormon (like him) Utah, where he rescued the 2002 Winter Olympics.
He could’ve had it both ways. He could’ve acknowledged his family’s deep connection to Michigan without declaring himself “a son of Detroit.” Expectations would’ve been lower, and the connection—for any benefit it may hold next Tuesday—would’ve been solidified.
But he used those exact words—son of Detroit—to describe himself in a widely circulated op-ed in The Detroit News.
This went over about as well as could be expected for the campaign that can’t seem to shoot straight in recent weeks. Poll numbers barely budged. Talk of losing the home state intensified—one Republican U.S. senator said, “If Romney cannot win Michigan, we need a new candidate.” And the campaign had to pull out the checkbook and again try to buy a primary by carpet-bombing the opponents with negative ads.
Then, in hardscrabble Michigan—home to shuttered factories, high unemployment, and one of the weakest state economies in the nation—Romney decided to unleash his secret weapon—Donald Trump. The Donald, who endorsed Romney after his own campaign flamed out, toured the state stumping for Romney and, no doubt, making deep connections with working-class or wish-they-were-working-class voters in the Wolverine State.
At that point, the Obama campaign no longer could resist joining in the fun. A super PAC associated with the president made its own huge ad buy to thwart Romney’s plan for a happy homecoming. It’s like the Fourth of July in Michigan right now—negative ad bombs going off in every direction.
And because Romney could not leave well enough alone, could not underpromise and overdeliver, and could not resist calling himself “a son of Detroit,” his campaign has spent the last two weeks trying to douse the political equivalent of a five-alarm fire.
Romney should’ve focused on Arizona all along. Its primary—the same day as Michigan’s—yields 29 delegates in a winner-take-all format. Michigan’s yields 30, awarded proportionally. If Romney hadn’t spent a dime on Michigan, he probably would’ve ended up with more delegates on the day than his current chief rival, former Sen. Rick Santorum. Santorum lags in the polls in Arizona and didn’t help himself with a poor debate performance in the state on Wednesday night.
Ironically, as we inch closer to the two primaries next Tuesday, Team Romney has begun to lower expectations in Michigan—to say the state is not, in fact, a must-win for his campaign. No kidding.
But the Romney camp could’ve saved itself a lot of money and a giant headache if it had started off trying to shape the narrative rather than becoming beholden to it.
By: Fred O’Connell, U. S. News and World report, February 24, 2012
“The Poor Are Too Rich”: Kansas Republicans Working Hard To Stick It To The Poor
Kansas Republicans, under the leadership of “compassionate conservative” Sam Brownback, are working hard to stick it to the poor:
A Kansas House tax committee passed a bill in which anyone making less than $25,000 a year — roughly half a million of the state’s 2.9 million residents — will pay an average of $72 more in taxes, while those making more than $250,000 — about 21,000 people — will see a $1,500 cut, according to Kansas Department of Revenue estimates cited by the Kansas City Star.
The hike would come from the elimination of tax credits typically benefiting the poor.
I can’t help but see this as a continuation of the conservative meme that its the poor who don’t pay their “fair share.” Last fall, as the Occupy movement gained steam, it became common for conservatives to complain about the 47 percent of Americans who “don’t pay taxes.” Presidential candidates like Michele Bachmann and Rick Perry complained about it in speeches and debate performances, while conservative activists (Redstate’s Erick Erickson comes to mind) touted it in response to the Occupy movement.
Of course, the claim was misleading to the extreme; all Americans pay something to the government—sales taxes, payroll taxes, and various state taxes—but only some make enough money to owe federal income taxes. Those that don’t, as Annie Lowrey explained for Slate, are either poor, or benefit from a variety of tax deductions:
About half of households within that 47 percent do not end up paying federal income tax because they qualify for enough breaks to cancel their tax obligations out. Of that group, 44 percent are claiming tax benefits for the elderly, like an exemption for Social Security payments. And 30.4 percent are claiming credits for “children and the working poor,” like the child-care tax credit. The remainder get breaks for investment income, spending on education, itemized deductions, and a mish-mash of other things. When combined, it’s all enough to cancel out their income tax requirements.
Because of facts like this, and the declining visibility of the Occupy movement, conservatives began to back off on the rhetoric of tax increases for low-income Americans and others who benefit from social services. That said, both policies have always been part of conservative proposals for reform—see Paul Ryan’s roadmap, for example—and in states like Kansas, Republicans are actively working to increase the burden on the least well-off.
One last thing: Kansas Republicans say that this proposal is to make the state more competitive. “Our goal is for our economy to look more like Texas, and a lot less like California,” said Brownback. If that’s the case, then the Kansas GOP should spend less time trying to raise taxes on poor people, and more time trying to encourage immigration. More than anything, Texas has been a beneficiary of the fact that people want to live there. As it stands, however, conservatives in Kansas would rather joke about shooting immigrants than work to bring them to the state.
By: Jamelle Bouie, The American Prospect, February 24
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