WASHINGTON - The Romney campaign is willing to discuss its proposals on taxes "in the light of day," vice presidential candidate Paul Ryan said Tuesday evening -- just not until after the election.
Multiple tax policy analysts have concluded that Mitt Romney's tax plan -- to close loopholes and reduce taxes for the wealthy -- means higher taxes for most people in order for the math to work. Brit Hume of Fox News asked Ryan to counter that charge. "What we're saying is get rid of special interest loopholes and deductions that are uniquely enjoyed by the wealthy to lower the tax rates for everybody," Ryan said.
But lowering middle-class tax rates, if coupled with eliminating key deductions, could lead to an effective tax increase, the cornerstone of the analyses of Romney's tax plan. Hume pressed for specifics.
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