Skip to comments.“RESOLUTE” ROMNEY BREAKS TAX PLEDGE
Posted on 04/17/2012 11:26:40 AM PDT by SoConPubbie
Cato Institute: Myth That Romney Stood
By No-New-Taxes Pledge
Massachusetts Business Owners Recognized Romneys Tax Increases,Whether He Admitted It Or Not
Cato Institute On Whether Romney Stood By His No-New-Taxes Pledge: Thats Mostly A Myth. Romney will likely also be eager to push the message that he was a governor who stood by a no-new-taxes pledge. Thats mostly a myth. His first budget included no general tax increases but did include a $500 million increase in various fees. He later proposed$140 in business tax hikes through the closing of loopholes in the tax code. (Steven Slivinski, Fiscal Policy Report Card On Americas Governors: 2006, Cato Institutes Policy Analysis, 10/24/06)
Cato Institute: Romneys Tenure Is Clearly Not A Triumph Of Small-Government Activism.(Steven Slivinski, Fiscal Policy Report Card On Americas Governors: 2006, Cato Institutes Policy Analysis, 10/24/06)
· In 2006 Alone, Romney Proposed $170 Million In Business Tax Hikes. In his budget for 2006, he proposed $170 million more in business tax hikes, almost completely neutralizing the proposed income tax cut. (Steven Slivinski, Fiscal Policy Report Card On Americas Governors: 2006, Cato Institutes Policy Analysis, 10/24/06)
The Massachusetts Taxpayers Foundation Estimated Romneys Administration Raised Three-Quarters Of A Billion Dollars Per Year By Increasing Fees And Corporate Taxes. Fees and taxes have increased more than $700 million a year under Governor Mitt Romney and Lieutenant Governor Kerry Healey, a leading budget specialist said yesterday. Michael J. Widmer president of the Massachusetts Taxpayers Foundation, which closely tracks state finances said the state has raised roughly $740 million to $750 million per year by increasing fees and corporate taxes gained from what the Romney administration describes as closing loopholes. (Brian C. Mooney, Analyst Puts Increase In Fees, Taxes At $700M, The Boston Globe, 9/27/06)
Massachusetts Tax Foundation President Michael Widmer: Saying That [Romney] Didnt Raise Taxes Is An Incomplete Picture. Foundation President Michael Widmer said several of Romneys policies while governor resulted in higher taxes, including local aid cuts, fee hikes and changes to corporate tax codes. I think its a mixed record, Widmer said. He faced a large shortfall in the budget when he came into office and I think one has to be realistic about the problem he faced, but at the same time saying that he didnt raise taxes is an incomplete picture. (Casey Ross and Dave Wedge, Its Official: Mitts In Mix For 08, The Boston Herald, 2/7/07)
Widmer On Romneys Ideas: Many Of The Proposals Were A Direct Reversal Of State Tax Policies And Were Legitimately Called Tax Increases.(Brian C. Mooney, Analyst Puts Increase In Fees, Taxes At $700M, The Boston Globe, 9/27/06)
Widmer On Romneys First Year: [W]eve Had Property Tax Increases, Fee Increases And Corporate Tax Increases.(Tom Benner, Romney Promises Collide With Reality, The Patriot Ledger, 12/27/03)
Widmer In 2004: Many Of The Changes Last Year, And A Number Of These In This Package, Are Clearly Tax Increases In Our View. (Scott S. Greenberger, Governors Fiscal Plan Targets Tax Loopholes, The Boston Globe, 3/4/04)
Widmer On Massachusetts Under Romney: [W]ere Bending Over Backward To Find Surcharges Or Fees Or Some Other Euphemism Because Broad-Based Taxes Have Been Ruled Out So The Fees Are Really Adding Up.(Raphael Lewis, State Senate Eyes New Fees Says Proposed Hikes Would Raise $500M, The Boston Globe, 5/22/03)
Widmer: It Is Striking The Extent To Which We Are Turning To Fees To Close The Budget Deficit, And Stretching The Meaning Of The Word Fee.(Raphael Lewis, State Senate Eyes New Fees Says Proposed Hikes Would Raise $500M, The Boston Globe, 5/22/03)
Massachusetts Taxpayers Foundations Senior Research Associate Cam Huff: As Part Of The Budget Process They Have Turned To Fees As A General Revenue-Raising Measure. To A Large Extent The Fees Seem Indistinguishable From A Tax Increase, And That Is A Concern.(Casey Ross, Fee Hikes More Than Nickels And Dimes, The Patriot Ledger, 7/9/03)
Citizens For Limited Taxation Contemplated A Lawsuit Against Romneys Tax Hikes Masquerading As Fee Increases. [Barbara Anderson' Citizens for Limited Taxation] is planning a lawsuit to challenge some of the $500 million in hikes they say are tax increases disguised as fees. They include a boost in the gun permit fee from $25 to $100, and a new $3,000-a-year fee on nursing home self-payers, or residents who are not on Medicaid. (Tom Benner, Romney Promises Collide With Reality, The Patriot Ledger, 12/27/03)
· Barbara Anderson, Director Of Citizens For Limited Taxation, On Romneys Agenda: Based On Our Definition, These Are Taxes.(Jennifer Fenn, Romney Budget Raises Fees, Lowell Sun, 2/28/03)
Massachusetts Businesses Recognized Romneys Tax Increases, Whether He Admitted It Or Not
While Romney Claimed He Was Closing Tax Loopholes, Massachusetts Businesses Protested The Corporate Tax Increases Romney Signed Into Law.Not in the lexicon of Governor Mitt Romney, who makes similar distinctions between raising taxes bad and raising fees good. When it comes to business, the Romney administration is closing tax loopholes, not changing tax policy, insists Robert Pozen, the governors chief economic adviser. Call it whatever you like; Massachusetts business is not pleased about it. Hundred of businesses wrote letters protesting the corporate tax increases no, make that corporate loophole closings which Romney yesterday signed into law. (Joan Vennochi, Op-Ed, A First Step On Business Taxes,The Boston Globe, 3/6/03)
Associated Industries Of Massachusetts Executive Vice President Brian Gilmore: Whether You Call It A Tax Or A Loophole, Its An Increased Cost Of Doing Business. [B]usinesses arent happy that Romney closed loopholes, as he put it or took away exemptions and effectively raised taxes on them. Since he took office, those loopholes have cost the business community close to $300 million, and there are more on the way, were told, said Brian Gilmore, executive vice president of Associated Industries of Massachusetts. Whether you call it a tax or a loophole, its an increased cost of doing business. (Tom Benner, Mitt: Big Plans, Mixed Reviews, The Patriot Ledger, 12/22/04)
Eileen McAnneny Of Associated Industries of Massachusetts: Theyre Not Loophole Closings They Are Policy Changes.(Scott S. Greenberger, Governors Fiscal Plan Targets Tax Loopholes, The Boston Globe, 3/4/04)
American Petroleum Councils Stephen Dodge On Romneys Fee Increase On Gas: Now, By Anyones Definition, This Is A Tax. This Is Treated As A Tax And Collected As A Tax And Passed Down To Consumers Like A Tax.(Cosmo Macero, Jr., This Isnt How No New Taxes Should Feel, The Boston Herald, 6/27/03)
Lawrence A. Schwartz, Tax Director For Carlin, Charron & Rosen LLP: You Are Going To Create A Climate Where Businesses Will Move Out Of Massachusetts, Period. You Cant Be In A State Where There Are Arbitrary And Rigid Tax Rules.(Shaun Sutner, Closing Loopholes Not Popular Stand, Telegram & Gazette,2/21/03)
Rosalind K. Levi ne, Broker/Associate With RS Residential: Our Wonderful Governor Said Hes Not Going To Raise Taxes, But What Is A Fee? Is It Not A Tax?
Its A Tax On The Seller, And The Fee Will Be Passed On To The Buyer.(Shaun Sutner, Closing Loopholes Not Popular Stand, Telegram & Gazette, 2/21/03)
O .. M .. G .. Romney broke a promise - surprised, I am not.
“He later proposed $140 in business tax hikes through the closing of loopholes in the tax code.”
If closing a loophole is now considered a tax increase, we will never get tax simplification/reform.
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