Ezra Klein brings it home:
Ryan pretends that the policy is too complicated for the country to understand, when in fact it’s too flawed for him to explain.
Then, despite Ryan’s protests to the contrary, Klein makes quick work of the numbers:
1) In 2015, the Romney-Ryan rate reduction will reduce tax revenue by $480 billion compared to current policy. That’s the raw number, before you start arguing over behavioral responses or growth.
2) Of that $480 billion, 39.1 percent, or $187 billion, will go to the top 1 percent.
3) Since the Romney-Ryan plan isn’t supposed to cut taxes on the rich or increase the deficit, all Romney and Ryan need to do is identify $480 billion in tax breaks they’re going to close, of which at least $187 billion needs to come from the top 1 percent.
4) If they believe that accelerated economic growth or behavioral responses are going to close some of that gap for them, they need to say how much, and what they’re basing that assumption on.