Mitt Romney accidentally denies proposing tax cut for wealthy

Bolshevik demons have apparently taken possession of Mitt Romney's soul, because Friday morning in Las Vegas he accidentally made it sound like he wasn't proposing any sort of tax cut for the wealthy:

I've been interested in seeing that the president continues to not only in speeches but in ads say things that are patently untrue. I've made it very clear. My tax policy will not reduce the taxes paid by high income Americans.

Of course, Romney misspoke here, although I'm sure he thought it sounded good at the time. What he meant to say'and what he said subsequently in his remarks'is that his tax cut would not result in wealthy Americans paying a smaller share of taxes than they currently pay. But even that is just a clever bit of word salad designed to obscure the fact that under his plan, even by his own standards, the wealthy would get a far bigger tax cut than anyone else: If you cut everybody's taxes by the same percentage, then the people who pay the most in taxes will get the biggest cut.

In other words, according to Romney's logic, if you cut taxes on someone making $10 million a year by 20 percent and you cut taxes on someone making $50,000 a year by 20 percent, they both got the same size tax cut. But the reality is that the person making $10 million a year actually got a tax cut well over 200 times as large.

If we were running a budget surplus and the economy were in robust, that might be a reasonable way to approach things. But when we have massive deficits and we're still recovering from the Bush economy, it makes no sense at all to target tax cuts on the wealthy, and that's exactly what Romney's plan would do, no matter what how reasonable his rhetoric may sound. And his plan only gets worse when you take into account what he's saying about the middle class.