Team Romney: Obama Tax Cut Extension ‘A Massive Tax Increase’

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Mitt Romney’s presidential campaign dismissed President Obama’s plan to call for an extension of middle-class tax cuts in a statement Monday. Echoing the language of congressional Republcans the last time there was a fight over extending the Bush-era tax cuts for the middle class while letting them expire for people making over $250,000 a year, campaign spokesperson Andrea Saul called the president’s plan a tax increase for “job creators”:

“President Obama’s response to even more bad economic news is a massive tax increase. It just proves again that the President doesn’t have a clue how to get America working again and help the middle class. The President’s latest bad idea is to raise taxes on families, job creators, and small businesses. Almost half a million fewer Americans are working today than the day Barack Obama took office, and we’ve just come through the worst job creation quarter in two years. Unlike President Obama, Governor Romney understands that the last thing we need to do in this economy is raise taxes on anyone. He has a plan to permanently lower marginal rates, help middle-class Americans save and invest, and jumpstart economic growth and job creation.”

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