Categorized | Commentary/Editorial

Another Day, Another Romney Flip-Flop Comes to Light

This is hilarious.  But, as is the case with most of the Mittster’s too-many-to-count flip-flops, entirely predictable (emphasis mine):

As several leading Republican presidential candidates embrace a flat tax as a core campaign position, one contender stands out in not doing so: Mitt Romney, who has a long record of criticizing such plans and famously derided Steve Forbes’s 1996 proposal as a “tax cut for fat cats.”

Lately, though, his tone has been more positive. “I love a flat tax,” he said in August.

Er…sure, Mitt.  This from a guy whose recent 59-point "economic plan", call it the Full Employment Act for Bureaucrats and Crony Capitalists, essentially leaves the current byzantine tax structure in place other than a little technocratic tinkering around the edges.  And the aforementioned tinkering does nothing to lower marginal tax rates which is crucial to creating the incentives necessary for economic growth.  Romney instead prefers to legitimize Obama’s class warfare nonsense with the infinitesimal changes he does endorse (or claims to endorse) in the tax code.

Let’s see a show of hands in the comments: How many actually believe a President Romney would lift a finger to create a flat tax system?  The worst-case scenario for those in the Washington Establishment who back Romney is a loss of power, and that’s the inevitable result of a flat tax.  Color me skeptical.

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