JT_Navy Wrote:
Aug 30, 2012 10:09 PM
With the $1 in tax hikes vs. $10 in spending cut question, Governor Romney unfortunately fell into the 'this or that' question trap. He is experienced enough a debater to know better than that. The question makes the assumption that a 1% tax hike on $100 would net you $1 more in revenue. The problem is that it works off of the assumption of static numbers. A rise in taxes does not necessarily represent a rise in revenue. And THAT'S the point he should've gotten across.