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Governor romney Quote by Barack Obama

“Now, Governor Romney's proposal that he has been promoting for 18 months calls for a $5 trillion tax cut, on top of $2 trillion of additional spending for our military. And he is saying that he is going to pay for it by closing loopholes and deductions. The problem is that he's been asked over 100…” quote by Barack Obama
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“Now, Governor Romney's proposal that he has been promoting for 18 months calls for a $5 trillion tax cut, on top of $2 trillion of additional spending for our military. And he is saying that he is going to pay for it by closing loopholes and deductions. The problem is that he's been asked over 100 times how you would close those deductions and loopholes, and he hasn't been able to identify them.”

Barack Obama

About This Quote

Source Speech: Campaign rally, 2012

Romney’s tax plan lacks detail on closing loopholes, making it unrealistic.

In simple terms: Plan is vague on funding.

Key Takeaway

Demand concrete fiscal details.

Themes

policy taxation accountability

Mood

skeptical inquisitive

Type

political analytical

When to use this quote

  • legislative proposals
  • public debate
  • tax reform

Key Concepts

budgeting political rhetoric

Questions to Reflect On

  • What evidence supports the plan?
  • How will loopholes be identified?
A Different Perspective

Complex tax systems resist simple fixes.

2.8 out of 5 (9 ratings)

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