It might be a secret from the Fox News crowd.... they can't handle the big words... but the NY Times ran this analysis earlier this month.
http://www.nytimes.com/2012/08/12/opinio...-math.html
One can't blame Romney for trying to hide the details..... What magician ever wants to explain his tricks?
http://www.nytimes.com/2012/08/12/opinio...-math.html
Quote: For example, Mr. Romney wants to keep all the Bush tax cuts, then cut taxes much further, particularly for the rich, but he says the plan won’t grow the deficit by a dime. He won’t say how he will accomplish this — there are no real numbers in his plan beyond a vague pledge to eliminate some loopholes. The Joint Committee would take one look at his substance-free plan and say, we can’t work with this.
Mr. Romney’s tax proposal is no different from any other aspect of his economic plan. He promises to cut nondefense spending by 5 percent, but won’t tell voters what programs that will affect. He wants to repeal all of President Obama’s regulations that burden the economy, but won’t say which ones. And he pledges to eliminate health care reform, but won’t discuss how or even whether he would replace it.
Earlier this month, a nonpartisan group of tax experts took matters into their own hands and tried to analyze the tax plan. What would happen, they asked, if you actually made all the cuts he has proposed? That would mean extending the Bush cuts, reducing income-tax rates by an additional 20 percent, and ending capital gains taxes for the middle class, the estate tax, the alternative minimum tax and the various taxes in health care reform, including the Medicare tax increase on high incomes. The experts at the Tax Policy Center estimated that this would cost $456 billion a year, starting in 2015.
One can't blame Romney for trying to hide the details..... What magician ever wants to explain his tricks?
