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John West

Week 8: The Final Word on Mitt Romney's Tax Plan - Bloomberg - 1 views

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    This article is pretty long and gets technical in parts, but I really like it because it gets at the heart of an issue I have with both debates. Each candidate, VP included, throws around "studies" with impunity. Each one has multiple testimonies to back up his point. The main point from the article that stuck with me is that any blogger or op-ed author can call his analyses a "study," and the candidate can cite these less-than-credible sources without much distinction. The author reaches the conclusion that Romney's plan does not simply need to reach a net zero, but instead needs to generate a massive surplus to work. If the numbers are possibly these for the first scenario, the author argues, they definitely are not for the second. In the second half, the piece basically tears apart the six studies citied by the Romney campaign to support the tax plan as not affecting the middle class. I like this piece because, with Romney and Obama often referencing the "arithmetic" behind the truth and urging each other to "do the math," I see this article as actually following through. The author does just that: he uses pretty objective figures to poke holes in the Romney tax plan, suggesting that the "alternatives" Romney would be to tax the middle class or grow the federal deficit. I honestly didn't understand the tax jargon entirely, but the points the author brings up about the six cited studies are compelling to me. The holes he pokes in them highlight two main ideas for me. One, with all the desire for facts that I feel during debates and speeches, it's important to remember that these statistics and values are often conflicting, loaded, or contested. The way he tears down studies is fascinating to me not because they are blatant lies, but because they are often misrepresenting totally true information. The second point I took away from it, which will color my view of the next debate, is the incredibly difficult position the candidates are in with regard to the studies.
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