Josh Barro writes for Bloomberg that, as the clock ticks down to Election Day, Mitt Romney's tax plan still makes no goddamned sense.
...we should conclude that Romney’s tax intentions are simply unspecified. Perhaps he will raise taxes on the middle class, perhaps he won’t cut rates as much as he’s proposed, perhaps he will ditch revenue neutrality. We don’t know because Romney won’t tell us which plank of his tax plan he will jettison...My best guess is that Romney’s tax policy, if he were elected, would bear little resemblance to his plan for a 20 percent rate cut. Before announcing his current tax plan in February, I think Romney had the tax plan he really wanted: Cut corporate taxes, do a small tax cut on capital gains aimed at the middle class, and then make some noises about the need for base-broadening tax reform down the road. Romney’s original plan included no costly promise to cut tax rates on ordinary income anytime soon.
The Romney campaign never fails to amaze me. I figured that, as the election drew closer, they'd either run more to the middle or more to the extremes of the Republican Party. Instead, they're just sort of floating in stasis, hoping that anyone who looks at them will see something they like. It's a truly weird strategy for a campaign to take.