Presidential Candidate Mitt Romney was just on the last segment of CNBCs Squawk Box this morning, and we noticed one moment that his opponents could definitely pounce on.Towards the end of the interview, Becky Quick asked Romney about his tax plan and whether or not he thought he could cut the deficit by merely cutting expenditures. She mentioned that H&R Block had released a report scoring his plan, and that it said the plan would significantly cut taxes for families making making over $700,000 a year.
Romney responded that his tax plan was a ‘pro-growth’ plan that relied on policies that would allow our economy to grow with “neutral budget impact.”
“It can’t be scored because those details are going to have to be worked out with Congress and we have a wide array of options,” he said.
And as for the numbers that Quick fired off: “I don’t want the middle income people to be overburdened…” Romney responded.”I…don’t want to change progressivity of the code, just lower the marginal rates.”
That prompted Quick to ask him what, exactly, his definition of wealthy was, in that case.
“What I’ll look at,” Romney explained, “is the top 5%, top 10%, 20% and look across the code and see if they’re paying the same rate as they have in the past.”
We’re not exactly sure what he meant by his response. Did he mean that he thought the $700,000 number Quick threw out was somewhere below that 5% to 20% mark? We can’t be sure, but his response suggest that he has not checked what the top 5% to 20% make, which would be odd in this political climate. As for saying his plan can’t be scored, that’s just pundit fodder right there.
This interaction definitely leaves some room for Democrats to pounce. See for yourself below:
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