Ah, Mittens Romney is up to no good again. In this run-up to the selection of VP running mates, the former Governor is trying hard to please Mr. McCain and on CNN, he delivered a doosey of a lie to make his man look good.
From ThinkProgress:
Today, former Massachusetts governor Mitt Romney appeared on CNN’s American Morning to discuss an ad by Barack Obama that argues John McCain would give $4 billion in tax breaks to Big Oil. Romney declared the charge “dishonest” and “below the belt.” He claimed that McCain “doesn’t ask for any tax reduction for oil companies.”
There is nothing dishonest about pointing out the fact that McCain’s plan to cut the corporate tax rate from 35 percent to 25 percent would give nearly $4 billion in tax breaks to the six largest oil companies. Ensuring that corporations pay dramatically fewer taxes is an integral part of McCain’s regressive tax plan that skews its benefits heavily toward the wealthy and offers little for the poor and middle class.[...]Just since McCain’s embrace of offshore drilling in June, donations to his campaign from the oil and gas industry have skyrocketed. He has received $881,450 in the last 6 weeks alone.
The McCain campaign may claim to “stand up” to the oil industry, but McCain’s own plans are the stuff of Big Oil’s dreams.
Perhaps because Romney is a multi-millionaire himself, he doesn't see stuff like this as a tax break but good fiscal planning and his and others like him god-given right. Why would this plan draw any ire from Romney when he has no clue as to the sentiments of the middle class, millions of Americans who he has no idea on how to relate to?
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