"In his eagerness to spew out all matter of memorized talking points in virtually any intervention, as if he had a date with destiny (he actually had), 47% Mitt seems to have forgotten that for months he's been running a campaign in which one of the central planks is to lower the taxes of everyone in the US by 20%. Every worthy independent analysis in the US has concluded that this will mean a revenue deficit of $5 trillion over 10 years.
Here's what Mitt had to say about it when confronted by POTUS:
I don't have a $5 trillion tax cut. I don't have a tax cut of the scale you're talking about. I think we ought to provide tax relief to people in the middle class. But I won't reduce the share of tax paid by high-income people. … I'm not looking to cut massive taxes and to reduce revenues going to the government. My number one principal is, there will be no tax cut that adds to the deficit. I want to underline that no tax cut will add to the deficit.''
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