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Transcripts For CNNW Erin Burnett OutFront 20120802

now, mitt has promised a 20% tax cut to everyone. so whose math adds up mitt s or the tax policy center s? it s sort of like an olympic boxing match. today, the romney camp threw a punch fast and early, pointing out that one of the authors was a former aide to president obama. as the romney campaign wrote to us, that is, quote, hardly objective. true, one round to mitt. but for the romney campaign, we checked the other two names on the report, and one author was a former aide to george h.w. bush, the final one worked for both bush and obama. round two to barack. let s lay out the substantive charge. the report says if mit romney s plan becomes reality, tax revenue, because he s going to be cutting marginal tax rates, will drop by $360 billion in the first year alone. that means if it s revenue-neutral, someone must pay $360 billion more. again, that s if it s revenue-neutral, which is something mitt romney specifically promised in february. romney s economic honcho, glenn h

Transcripts For CNNW Erin Burnett OutFront 20120801

romney s tax plan would raise taxes on 95% of americans. now, mitt has promised a 20% tax cut to everyone. so whose math adds up mitt s or the tax policy center s? it s sort of like an olympic boxing match. today, the romney camp threw a punch fast and early, pointing out that one of the authors was a former aide to president obama. as the romney campaign wrote to us, that is, quote, hardly objective. true, one round to mitt. but for the romney campaign, we checked the other two names on the report, and one author was a former aide to george h.w. bush, the final one worked for both bush and obama. round two to barack. let s lay out the substantive charge f. report says if mitt romney s plan becomes reality, tax revenue, because he s going to be cutting marginal tax rates, will drop by $360 billion in the first year alone. that means if it s revenue-neutral, someone must pay $360 billion more. again, that s if it s revenue-neutral, which is something mitt romney specifically

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