May 10, 2013The Washington Post editorializes, "LIKE MITT ROMNEY, Virginia Attorney General Ken Cuccinelli II wants to cut taxes -- by a lot. Like Mr. Romney, Mr. Cuccinelli, the Republican candidate for governor, promises this would not reduce government revenues by a dime, since he would also eliminate significant tax loopholes and deductions. And like Mr. Romney, Mr. Cuccinelli adamantly refuses to identify these loopholes and deductions. Why would Mr. Cuccinelli expect Virginians to fall for this?" Progressive Point: It's basic arithmetic -- the numbers in Ken Cuccinelli's tax plan only work if he cuts funding for public safety, our kid's schools, and other essential home front investments. His top-down class warfare budget priorities mirror Mitt Romney's and would focus on cutting programs that help the middle and lower class. All that to pay for $1.4 billion more in cuts from Virginia's already regressive tax system. While closing unnecessary tax loopholes is good, Ken Cuccinelli fails to name those he would actually close. It's simple math -- if he wants to cut more and more taxes, the rest of us will have to make up for it. Just like Mitt Romney, Cuccinelli vaguely says he's willing to end tax loopholes without naming them. As a result his numbers only work if the middle class pays more and important home front programs get cut. Working families pay their taxes, so it isn't right when millionaires and big corporations don't do their fair share. But just like Mitt Romney, that is the failed tax philosophy with which Ken Cuccinelli wants to cripple our Commonwealth. |
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