[snowsislander]

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.

I think is very well done by Governor Romney. That appears to me to be a well thought-out mix of tax cuts, and I think that indeed it would have a positive economic effect. For what it is worth, I think it would have enough positive effect on the economy to more than pay for itself.

Of course, some spending cuts would also be a good idea; for instance, eliminating the federal Department of Education would make a nice complement to the tax cuts.

[Mrs_Stokke]

. . . eliminating the federal Department of Education would make a nice complement to the tax cuts.

I swear I dream about this at night.

It must be an election year . . .