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Mitt Romney's proposed tax plan would result in a tax hike for 95 percent of Americans, according to a new nonpartisan study released yesterday by the Tax Policy Center. 

The report, a joint project of the Urban Institute and Brookings Institution, examined Romney's proposal of an across-the-board 20 percent income tax cut financed by closing existing loopholes. What are the larger implications of the study for the Romney campaign?

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Mitt Romney's proposed tax plan would result in a tax hike for 95 percent of Americans, according to a new nonpartisan study released yesterday by the Tax Policy Center. The report, a joint project of the Urban Institute and Brookings Institution, examined Romney's proposal of an across-the-board 20 percent income tax cut financed by closing existing loopholes.

Romney tax plan: Tax hike for 95 percent of Americans

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