Tags: obama | romney | tax | ad

Obama Launches Ad Claiming Romney Will Raise Taxes on Middle Class

Wednesday, 12 Sep 2012 10:09 AM

By Newsmax Wires

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The Obama campaign is out with a new television ad claiming that Republican presidential candidate Mitt Romney will raise taxes on the middle class.

The former Massachusetts governor has said no such thing. But he hasn’t specified the details of his tax policy — much to the consternation of many Republicans. So President Barack Obama took the liberty of deciding on his own what Romney’s tax plan will be.



"Mitt Romney: he won’t reveal what’s in his taxes, and he won’t tell you what he’d do to yours. To pay for huge new tax breaks for millionaires like him, Romney would have to raise taxes on the middle class: $2,000 for a family with children, says a nonpartisan report,” the ad states.

“You could lose the deduction for your home mortgage, college tuition, healthcare. How much would you pay? Romney just won’t say."

The Obama campaign is essentially deciding how Romney would go about balancing the budget. But you can bet that in reality he’d favor more spending cuts over a tax hike for the middle class.

The ad follows the same strategy that the Obama camp deployed concerning Romney’s tax returns, Politico points out. When he declined to reveal his returns beyond 2010 and 2011, the Obama campaign put out an ad saying, it “makes you wonder if some years he paid any taxes at all."

Romney rebutted that claim, explaining that he’s paid a tax rate of at least 13 percent for each of the past 10 years.




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