Lakhota
Diamond Member
By Benjy Sarlin
Vice President Joe Biden charged Mitt Romney with threatening seniors Social Security benefits on Friday, opening up a new line of attack as polls show President Obama gaining ground with older voters.
If Governor Romneys plan goes into effect it could mean that every one of you would be paying more taxes on your Social Security, Biden said at a rally in retiree-heavy Boca Raton, Fla. The average senior would have to pay $460 a year more in taxes for their Social Security.
Romney has not released a detailed Social Security plan, but an analysis of his tax proposals by the nonpartisan Tax Policy Center suggests that tax exemptions for seniors benefits would likely have to be cut to pay for Romneys proposal for lower tax rates that disproportionately aid the wealthy. While Romney has disputed the studys assumptions, he has repeatedly refused to release any details as to how his tax cuts would be paid for instead, leaving his vague plan an easy mark for Democratic attacks.
Biden said in his speech that Romney cant pay for these tax breaks unless they eviscerate the rest of the budget.
More: Joe Biden Launches New Attack On Romney: Hell Tax Your Social Security Beneifts | TPM2012
Video: [ame=http://www.youtube.com/watch?v=stAKm0HKX9A&feature=player_embedded]Vice President Biden: Under Romney-Ryan Plan, Seniors Could Pay More in Social Security Taxes - YouTube[/ame]