Romney’s Tax Plan: Not Crazy Enough for Today’s GOP

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James Pethokoukis writes today that Mitt Romney has a problem: his tax plan isn’t crazy enough to convince Republicans that he’s really one of them:

He would keep the Bush tax cuts, eliminate investment taxes — but only for those making under $200,000, kill the death tax, and cut the corporate tax rate to 25 percent. Solid but kinda “meh.”

Romney’s plan, Pethokoukis reports, needs to be much friendlier to the rich and much more infused with supply-side voodoo. The glut of nutball flat-tax plans from the rest of the GOP field has raised the bar, and merely endorsing $5 trillion or so in tax cuts just doesn’t cut the mustard anymore.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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