Umm... that's the idea.
Hello? McFly!
Posted on 01/18/2008 5:08:54 PM PST by Sub-Driver
Romney proposes $250 bln economic stimulus package Fri Jan 18, 2008 7:33pm EST
WASHINGTON (Reuters) - Weighing in on a debate about stimulating the slowing U.S. economy, Republican presidential contender Mitt Romney called on Friday for a package of tax breaks expected to cost $250 billion, according to a report by the CNBC business TV channel.
The former Massachusetts governor's package, CNBC said, centered on several permanent tax cuts, rather than temporary rebates and spending programs favored by others engaged in the stimulus discussion in Washington and on the campaign trail.
Romney plans to propose permanently reducing the rate for the lowest income tax bracket to 7.5 percent from 10 percent, retroactive to 2007, eliminating Social Security payroll taxes for workers over 65 and eliminating capital gains and dividend taxes on households earning under $200,000 a year, CNBC said on its Web site.
He would also permanently reduce the corporate tax rate to 20 percent from 35 percent over two years and allow businesses to depreciate the value of new equipment purchases faster.
CNBC said an aide to Romney pegged the total cost of his package at about $250 billion.
President George W. Bush earlier on Friday called on Congress to enact a package of temporary tax cuts and other measures estimated to cost up to $150 billion.
(Excerpt) Read more at reuters.com ...
JUST SPEND LESS MONEY!!!
Who will he try to bribe with their own money next? Floridians I guess...
What exactly does that mean? You obviously do not know anything about Mormons. Mormons are very Conservative when it comes to social policy. Furthermore, they are highly thought of when it comes to good character (honest, good citizens, etc.). Remember, we are not electing a preacher of a church. We are electing a president.
If conservaitve tax cuts are vote buying, then you are an idiot.
Just when I think you might be sane you zing us with ....
“Who will he try to bribe with their own money next?”
This is exactly what leftists said about the Reagan and G W B tax cuts. Never mind the absurdity of ‘bribing’ someone *with their own money*! How about “restoring an unjust and anti-growth expropriation”?
Are you really saying the Reagan / G W B / Romney tax rate cut economic prescription to avoid recession is bad policy?
Or are you clueless about supply-side economics and the growth benefits of incentivizing the eocnomy with tax rate cuts?
~”Vote-buying is not a conservative principle.”~
Soo... when Reagan spoke about cutting taxes, that was vote buying?
EV, you’ve shot yourself in the foot here. I suggest you cut your losses and retreat. Save yourself the additional embarrassment.
“JUST SPEND LESS MONEY!!!”
Bingo! We have a winner folks. That is the real key to our problems. Too much government spending.
If we cut spending yet keep the tax rates too high, the economy will still suffer.
Best plan is to DO BOTH. Good news is that romney plans to do just that.
Correct. Cut spending and reduce taxes. Reagan would be proud that some people get it.
If you want to cut taxes, cut taxes. Just don’t act like you’re doing the American people a favor. Because the second you do act like you’re doing the American people some kind of favor, one that merits a vote, you’ve gone over to the dark side with those who started and continue the federal income tax for exactly that purpose.
While we’re at it, let’s put Congress on the socialized medicine program and see how they like it.
Wow. That is pretty deep. I just want tax cuts and less spending. I could care less about whether it is a favor. It will certainly get my vote, so I guess he would be buying my vote with that policy.
Can you blame Romney?
He did win Michigan after promising 100 billion to the auto industry.
He figures if he goes even bigger he might win SC? Maybe even Florida?
I predict his #s will only grow!!
Tax cuts are good. Just pointing out the next vote is in SC and he promises tax cuts. Last vote was in Michigan and he promised 20 billion in spending for research. The next primary after SC is in Florida and I am guessing he will have something special to offer the seniors and Cuban Americans.
And you wonder why we get such crappy politicians. Wanna bet you never get your paltry tax cut? But, even if you do, it will never be worth the price you had to pay for it.
We are supposed to forget about Michigan.....
'Mr Gorbachav-Tear DOWN THIS WALL"---These anti Mitts would start saying "I bet he would use tax payer money for that..He is a big government liberal pandering to the demolition industry"
Their criticisms fall neatly into the insane category.
So will the bill.
Gosh, by the time he’s done, no one will have to pay any taxes at all, and he’ll be paying us!
“There’s a sucker born every minute.”
Tax cuts are good unless Mitt Romney proposes one!!! That is their motto....
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