The distortion of Romney's "tax increases"
Diana Furchtgott-Roth takes on the study from the Washington Tax Policy Center that claimed Romney’s tax plan would raise taxes for everyone except the wealthy.
This finding was a distortion, if only for one reason: the Tax Policy Center did not analyze the Romney proposal as such, and more or less said so in the abstract to its paper. The Center imposed on the Romney proposal, the centerpiece of which is a 20 percent reduction in all tax rates, a constraint of its own: that the tax changes be “revenue neutral,” that they neither raise nor reduce future revenues.
The Romney proposal contains no estimate of revenue consequences.
