In a new campaign ad out today, the Obama campaign is presenting Mitt Romney as an out-of-touch tax-raiser. And mysteriously, it drags Donald Trump into the mix. The ad is focused on a report from the Tax Policy Center that hypothetically asserts that Mitt Romney will be raising the taxes on the middle class to make up for, yes, tax breaks for the middle class. And during one part, it shows Roomney getting off a plane as a jet plastered with "Trump" flashes in the background.
As NBC reports:
The scenarios the Tax Policy Center gamed out included an extension of the Bush tax cuts, a reduction of individual income tax rates by 20%, elimination of taxes on investment income for most taxpayers, and the elimination of the estate and alternative minimum taxes.
To compensate for the revenues lost by these reductions, the policy center concluded the necessity of “a shift in the tax burden of at least $86 billion [a year] … onto lower-and-middle income taxpayers” through the elimination of tax credits like those for college education and children, as well as deductions for mortgage interest.
According to the New York Times, the Romney camp "dismissed the study as partisan, noting that one of its three authors had been on the staff of Mr. Obama’s Council of Economic Advisers."
This has not stopped the president's campaign from making a full length ad based on the report. The ad accuses Romney of paying less in taxes that the average American family with the slogan: "Mitt Romney's middle class tax increase, he pays less, you pay more." The ad also harkens back to a feud the president had with Donald Trump, by using imagery of Romney next to Trump's private jet while the narrator states, "Now he has a plan that would give millionaires another tax break."