Wednesday, November 23, 2011

ROMNEY TELLS IOWA AUDIENCE: ‘I’M NOT TRYING TO PUT MONEY IN PEOPLE’S POCKETS’


By Travis Waldron/Think Progress

Part of former Massachusetts Gov. Mitt Romney’s (R) plan to boost economic growth, he says, is a tax cut that comes in the form of repealing certain taxes on investments for the middle class. As ThinkProgress has noted, however, those cuts won’t actually benefit most middle-class individuals. Romney may now be aware of that fact, as he told one local resident in Des Moines, Iowa today that he isn’t “trying to put money in people’s pockets. That’s the other party.” Watch it:
Despite what he says, Romney is indeed trying “to reduce the tax burden…that’s paid by the top one percent.” His tax plan, in fact, gives a $6.6 billion tax cut to corporations and the wealthiest Americans.

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