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Bergin: Tax Policies of Romney, Obama Make Me ‘Sick to My Stomach’

Romney_obamaChristopher E. Bergin (President, Tax Analysts), Where’s the Tax Plan, Man – Uh, Men?:

In a taped interview, host [Meet the Press host] David Gregory repeatedly asked Romney for details of his tax plan. He ended up practically begging for just one detail – any morsel, please. He got zip, zilch, nothing. I don’t care that much about Romney’s personal income tax returns. I can even think of several legitimate reasons why he wouldn’t want to release them. … But I can think of only one reason why Romney consistently won’t reveal the details of his tax plan. He doesn’t have any! Other than to take care of his rich friends. …

Meanwhile, back at re-election central, President Obama in his convention acceptance speech last week said that he wants to work for tax reform. No he doesn’t. His first term amply illustrated what I was worried about all along: President Obama doesn’t care a lick about tax reform – which is his perogative, by the way. All he cares about is increasing taxes on the folks he thinks are rich – which actually includes a lot of middle-class households.

From a tax policy standpoint, the choice we have in this upcoming presidential election makes me sick to my stomach.

(Hat Tip: Going Concern.)


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