Bill Clinton attacks Romney's tax plan on the math

Clinton explains how Romney's planned $5 trillion tax cut doesn't add up

Published October 16, 2012 1:19PM (EDT)

Bill Clinton cut a video on behalf of President Obama that lays out the shaky math behind Mitt Romney's plan for an across-the-board tax cut. As Clinton points out, though Romney said in the debate that he wasn't cutting taxes for the rich, in the end the plan would add up to a tax cut for people with the highest income."We simply cannot afford to give another round of tax cuts to people who got the benefit of the tax cuts and the economic growth of the last decade. It hasn't worked before, and it won't work this time," Clinton says.


By Jillian Rayfield

Jillian Rayfield is an Assistant News Editor for Salon, focusing on politics. Follow her on Twitter at @jillrayfield or email her at jrayfield@salon.com.

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2012 Elections Barack Obama Bill Clinton Mitt Romney Tax Cuts