Romney’s claim of not raising taxes as Governor

 

During the presidential campaign of 2008, NBC’s Meet the Press host, the late Tim Russert, get angry over Romney’s claim that he did not propose tax increase.

Governor Mitt Romney lobbied the credit ratings agency Standard & Poor’s in 2004 to raise his state’s credit rating in part because Massachusetts had raised taxes in wake of economic downturn, two years earlier.

The claim was part of a presentation to the ratings agency obtained through POLITICO under a state freedom of information law from the Massachusetts Executive Office of Administration and Finance.

The Nov. 4 presentation, stamped as confidential, helped persuade S&P to raise the state’s grade and handed Romney the perfect talking point for last week’s humiliating national downgrade by the same agency. He scared some conservatives when he pointed out that he was opposed to tax increases, but he could not rule them out.

His first budget, presented under the cloud of a $2 billion deficit, balanced the budget with some spending cuts, but a $500 million increase in various fees was the largest component of the budget fix.

However, the “Fees” really taxes – that is, they had nothing to do with the actual costs incurred by the government services that are provided. Romney claims not to raise taxes, based on a simple illusion. “Fees” He called his tax increases during the 2008 presidential campaign, NBC’s host meetings of the press, the end of Tim Russert exploded claim that Romney is not proposing tax increases as Governor.

About Marc Brentwood

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