Vice President Biden on Friday told Florida seniors that Mitt Romney wants to make them pay $460 more in taxes on Social Security.
“Gov. Romney proposes significant changes, that would result in beneficiaries getting considerably less in their Social Security check in the future," he said, beginning a two-day campaign tour in Florida with a grassroots event at Century Village, a retirement community in Boca Raton. "If Gov. Romney’s tax plan goes into effect, it could mean everyone, everyone, would have to pay more taxes on the Social Security benefits they now receive. The average senior would have to pay $460 more in taxes on their benefits.” ...
The Obama campaign cited estimates from the Tax Policy Center study suggesting that taxpayers making less than $200,000 a year could lose almost 60 percent of their tax preferences under the Romney plan. From that, the campaign estimated that Social Security recipients could take a $458 hit.
For their part, Romney’s campaign has pushed back strongly against the Tax Policy Center study, with the candidate himself saying it reached “a garbage conclusion.”You can criticize Biden but until Romney says who will bear the brunt of his tax plans -- and any plan to change taxes that is revenue neutral inevitably cuts some people's taxes while raising those of others -- is Biden making an unfair accusation?