Mitt Romney believes businessmen are stupid. ‘Cause he believes we must lower the business tax rate so we can be competitive with nations where rates are lower.
However, he intends to make up for the shortfall of revenue via the closing of loopholes, thus businesses will pay the same amount as they have under the higher rates.
I guess Mitt believes they won’t notice this, that they are befuddled enough to be fooled by the “book” numbers, like travelers who pay a hotel’s standard rate rate rather than using, like, hotels.com.
You see? Mitt Romney believes businessmen are stupid.
He believes we all are. (Enough of us, anyway.)