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Romney: Obama Tax Plan ‘Another Kick in the Gut to the Middle Class’ Romney: Obama Tax Plan ‘Another Kick in the Gut to the Middle Class...

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The Trail: 2012 Presidential News from the Field / Campaign 2012

Romney: Obama Tax Plan ‘Another Kick in the Gut to the Middle Class’

Mitt Romney speaks during the Faith and Freedom Conference in Washington on June 3, 2011.(Chet Susslin)

July 10, 2012

Mitt Romney disparaged President Obama’s call for a partial extension of the Bush-era tax cuts on Tuesday, saying that the middle class will be the ones taking it on the chin.

“That will be another kick in the gut to the middle class in America,” Romney said on The John Fredericks Show, a conservative radio program based in Virginia, citing poor jobs numbers and continued unemployment.

On Monday, President Obama called for a one-year extension of the cuts, which expire at the end of the year, for Americans with incomes up to $250,000.

 

By not extending all the Bush tax cuts, Romney said, Obama is, “proposing a massive tax increase on job creators and small business.”

Romney agreed with the hosts when asked whether he believed Obama’s health care law is ultimately a Trojan Horse to get to a single player system. “I think they want to ultimately move to a single payer system,” he said.  “I think that’s where he’d like to go. If Obama were re-elected, you’d see big insurance being squeezed out and a call for a government insurance plan… and it would take the lion’s share of the market.”

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