Posted on 03/30/2012 10:27:40 AM PDT by Mozilla
Romney assured Massachusetts voters when he was running for the Senate in 1994 that he did not want to go back to Reaganomics. He said during that campaign, "I was an independent during the time of Reagan-Bush. I'm not trying to return to Reagan-Bush."
Romney was also one of the few Republicans in 1994 to refuse to sign on to Newt Gingrich's Contract with America.
[snip] True to form, even today Romney is effectively promising not to take America back to pro-growth Reaganomics. Cowed by President Obama's class warfare rhetoric, Romney promises to eliminate taxes on capital gains, interest, and dividends, but only for middle income Americans. He says he would do that because they, not the wealthy, were the ones most hurt by the recession.
But effective tax policy does not distribute tax cuts based on who "needs" a tax cut the most. That is Obama neo-socialist class rhetoric. Effective tax policy enacts tax cuts that will do the most to promote economic growth and prosperity.
That is what Reagan did in cutting tax rates across the board for everybody, including the wealthy who have the most resources to invest. That is what the middle class and working people actually need most, cutting tax rates that will promote their jobs, higher wages, and personal prosperity.
(Excerpt) Read more at spectator.org ...
And just how do you propose to do that after the election, when we've failed to do it during the primary?
Anybody-but-Obama is a nice sounding slogan, but what I want is anybody-but-a-statist. If we must have a statist in office, I'd rather have one the Republican majority will oppose rather than one the Republican majority will salute.
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