- Lowering tax rates for businesses and middle-class housholds. Romney said lowering corporate taxes will help lure firms to invest in the US, while eliminating capital-gains and dividend taxes for households earning less than $200,000 will encourage saving.
Lowering corporate taxes is truly the oddity here. Lure firms to the U.S.? Come on. Why don't we just give tax breaks to those willing to locate here like state governments do all the time? Why do things that way? It would be much more cost effective without paying businesses who are doing great right now. Well, take a guess who wouldn't get more tax breaks that way. And that makes me feel even more suspect of "lowering taxes for the middle-class."
I often wonder why the concept of cutting capital gains taxes and dividend taxes plays well with those who can't afford to "play" the stock market. Last time I sold stock I was expecting the income to be taxed at my income tax bracket. It was incredibly low, before Romney helps me. I was happy but I knew that the amount of stock I "play" with is insubstantial compaired to the wealthy. It bugged me that others got so much more benefit out of something that was brand new to me, but I was indeed happy to pocket the money I didn't really deserve.
- Reducing government regulation, including a rollback on Obama's health care law. Encouraging domestic energy production.
- Promoting US exports.
- Streamlining the federal government, so that rising national debt doesn't hobble the nation's potential growth.
Yes, I still cross over parties and vote for Romney in the primary because, honestly, the only thing we have going for us here is that there will be a whole multitude of people who have no reason to vote in the Democratic primaries and who do have a reason to vote in the less extreme on the other side. Milquetoast is better than going past the twilight zone into the darkness.