romney taxes

President Bill Clinton's Remarks at the 2012 Democratic National Convention - Full Speech

Elizabeth Warren's Remarks at the 2012 Democratic National Convention

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Transcript:

As President Obama gears up to officially accept his presidential nomination at the 46th Democratic National Convention, he will kick-off the "Road to Charlotte" tour with grassroots events in Iowa, Colorado, Virginia, Ohio, and North Carolina On the "Road to Charlotte" tour, the President will continue to lay out what's at stake for the middle class in this election -- the choice between continuing to move forward to an economy built to last that's grounded in a strong middle class, and going back to the same "top-down" economic policies of the last decade that crashed our economy and punished the middle class.

The Washington Post has exposed Mitt Romney's use of tax loopholes.

According to the Washington Post, Mitt Romney built up millions in an IRA and got "other tax breaks in his severance package from Bain..."

..allowing him to 'turbocharge the impact' of tax benefits 'in a way that few but the country's super-rich can ever hope to do."

The middle class is carrying a heavy load in America. But Mitt Romney doesn't see it. Under the Romney plan, a middle class family will pay an average of up to $2,000 more a year in taxes. While at the same time giving multi-millionaires like himself a $250,000 tax cut. So, Romney hits the middle class harder and gives millionaires an even bigger break. Is that the way forward for America?

When you learn about Romney's plan, you know why he doesn't have much to say.

Mitt Romney's hoping for a convention reinvention where he'll try to shake an etch-a-sketch of epic proportions.

But some things you just can't shake—like his business record, his Massachusetts record, his offshore funds and what the Romney-Ryan budget does to Medicare.

Mitt Romney: An unshakable record that's wrong for the middle class.

Paul Ryan's speech at the Republican National Convention in Tampa was full of wrong and misleading statements. If you've seen any coverage of it, you know that the consensus among journalists and independent observers is that it was factually challenged.

As the National Journal stated: "Paul Ryan is long on style, shorter on facts"