Circulate This Tampa Bay Times Editorial At RNC Convention

When Republicans gather in Tampa later this month to nominate Mitt Romney and Paul Ryan as their party's presidential and vice-presidential nominees, Democrats there should plaster the town and the convention hall with reprints of this Tampa Bay Times editorial from Aug. 6th:

Romney's tax plan crunches middle class

Lower taxes on the rich and higher taxes on the middle class is how a nonpartisan analysis summed up Mitt Romney's tax plan...To fulfill Romney's promise would require the elimination of a host of tax credits and deductions that middle-income Americans rely upon but that Romney won't specify...

According to the Tax Policy Center analysis, Romney's plan to extend the Bush tax cuts for everyone, lower marginal tax rates by 20 percent, eliminate the alternative minimum tax and estate taxes and get rid of taxes on investment income for most taxpayers, while not adding to the deficit, would be a boon for top earners alone. People making $1 million or more would see an average tax cut of $87,000. But people making under $200,000 would see their taxes go up. Those earning between $75,000 and $100,000 per year would see their taxes increase $884....

As a result, the tax burden would shift by $86 billion from high-income taxpayers to middle- and lower-income taxpayers, the center found.