Twelve years later, Mitt Romney, the presumptive Republican nominee, claims his far deeper tax cuts would have a price tag of exactly zero dollars. He has no intention of submitting his tax plan to the committee or anywhere else that might conduct a serious analysis, since he seems intent on running a campaign far more opaque than any candidate has in years.He has made his economic plan the fundamental basis of his candidacy, and yet with the Republican convention just two weeks away, we know next to nothing of the plan’s details. The extreme cuts proposed by his new running mate, Paul Ryan, are far more hard-edged, making Mr. Romney’s mathematically impossible promises look vague and shopworn by comparison.Read it at The New York Times Sunday Reveiw | Opinion
A Tax Plan That Defies the Rules of Math
By David Firestone
(h/t Mark Thoma)
Oh, and don't ask any questions about Bain Capital either, it's "off-limits."