Romneyism: One Nation Under God With Respect for Every State (user search)
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Author Topic: Romneyism: One Nation Under God With Respect for Every State  (Read 1936 times)
True Federalist (진정한 연방 주의자)
Ernest
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« on: April 17, 2012, 08:51:27 PM »

Even with loopholes such as taxing long-term capital gains and qualified dividends less than ordinary income eliminated, I fail to see how a 20% cut in the tax rate could be anything other than a net negative on revenue and thus lead to an increase in the deficit.  All the available evidence indicates that we are not at the point on the Laffer curve where a decrease in marginal tax effort leads to an increase in tax revenue.

To balance the budget we need some combination of spending cuts and tax rises.  (I'd be happy with the combination being 100% spending and 0% tax rise, but I don't see such a plan as being politically possible right now.)  Tax cuts are not what we need right now.
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True Federalist (진정한 연방 주의자)
Ernest
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Posts: 42,144
United States


« Reply #1 on: April 17, 2012, 11:48:32 PM »

In contrast, Mitt Romney is successful because he thinks things through. When the facts change, or when someone persuades Mitt that he was wrong, Mitt changes his mind. What do you do, sir?

It certainly is convenient that the "facts" always seem to persuade the man to do what he thinks will be politically popular.  It could lead one to wonder if those "facts" are the popularity of particular positions.

I can't think of any situation in which he has exhibited political leadership, that is I can't think of a single time he has taken a policy position that is not popular and then convinced people that his position is the one that should be followed.  (Other than his policy that Mitt Romney should be the Republican nominee for president, that is.)
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