by CHRIS MILES, Policy Mic
On Meet the Press on Sunday morning, Mitt Romney supporter (and former GOP rival in the Republican presidential primaries) Newt Gingrich admitted that Romney wasn’t telling the truth about his tax plan.
Ouch. Are even Republicans backing off the Romney tax spiel?
In the first presidential debate earlier this week, the president charged that Romney's plans called for a $5 trillion tax cut.
Romney has said he will cut taxes across-the-board and that his proposal would not harm the deficit, but would rather boost growth and revenues by eliminating loopholes.
“I’m not looking for a $5 trillion tax cut. What I’ve said is I won’t put in place a tax cut that adds to the deficit,” said Romney during Wednesday's debate.
The Obama campaign, however, says that Romney has failed to specify which loopholes and deductions he would target and that the plan would increase the tax burden on the middle class. The Obama campaign has shifted into a strategy of painting Romney in “lies, all lies” terms. [MORE]
Via Eric Byler