Romney Tax Cut Proposal Relies on Rapid Growth Paired With Missing Details
Republican presidential candidate Mitt Romney’s plan to cut income tax rates by 20 percent without increasing the U.S. budget deficit relies on unspecified assumptions about economic growth and unannounced details about the tax breaks he would curtail.
The details that Romney hasn’t released will matter as he seeks to claim the mantle of fiscal responsibility while cutting taxes by more than $4 trillion over the next decade.
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