In response to:

Cutter: Okay Fine, We've Been Lying About Romney's Tax Plan

Scrap Iron in Texas Wrote: Oct 07, 2012 9:06 AM
And AGAIN for the slow. Lowering tax RATES leads to INCREASES in tax REVENUE.. And that's a problem I have with most politicians. Some talk about lowering taxes, and some talk about raising taxes, but they NEVER say RATES or REVENUES. The following is a chart (that you can manipulate to get ANY range of years for tax revenue. Thos one shows JFK tax rate reductions-revenues for 1960- 1970.

One of the strongest elements of Mitt Romney's spectacular debate performance was his decisive rejoinder to the president's oft-repeated allegation that the Republican plans to raise taxes on middle class families.  Obama said Romney has designs on an unpaid-for $5 trillion tax cut that would eventually necessitate higher tax bills for average Americans.  Romney flatly rejected the claim by calling it false, then explained what he actually has in mind.  But the president returned to the "$5 trillion" well on several subsequent occasions, prompting more rebuttals from his challenger. and CNN reviewed Obama's accusation, and found it wanting....