President Obama and Mitt Romney sparred over taxes at Tuesday night’s town hall debate, with the president lashing the former governor’s tax plan as “sketchy.”
“Governor Romney was a very successful investor. If somebody came to you, governor, with a plan that said, here, I want to spend $7 or $8 trillion, and then we’re going to pay for it, but we can’t tell you until maybe after the election how we’re going to do it, you wouldn’t have taken such a sketchy deal and neither should you, the American people, because the math doesn’t add up,” said Obama.
“We haven’t heard from the governor any specifics beyond Big Bird and eliminating funding for Planned Parenthood in terms of how he pays for that,” Obama also said, referring to Romney’s proposed tax cuts.
Obama sought to personalize the tax debate at one point, mentioning that Romney paid a 14 percent tax rate in 2011, noting to the audience, “a lot of you are paying much higher.”