"Gingrich Concedes Romney Wasn’t Honest About His Tax Plan During Debate"
This morning on Meet The Press, Obama campaign adviser Robert Gibbs confronted Newt Gingrich on a fundamental inconsistency in Romney’s description of his tax plan. During the primary debates, Romney insisted that everyone in America would get a 20% tax cut, including the 1%. But last week’s during his debate with Obama, Romney insisted that his tax cut would not reduce taxes at all for wealthy Americans.
Gingrich acknowledged the clear inconsistency, saying “I think it’s clear he changed.” He described the change as “good politics.”
Of course, while Romney’s spin regarding his plan has changed, the plan itself has not. Independent experts have concluded that, even if Romney eliminated every tax deduction, it still wouldn’t counterbalance his massive tax cuts for the wealthy.