Romney on Fairness
Last night at a Romney fundraiser which was closed to the media, he outlined some ways he would cut spending if elected President. The reporters who stood outside and listened in listed among Romney’s ideas no tax breaks for a second home mortgage, slashing funding for Department of Education and the Department of Housing and Urban Development, and removing the state income tax deduction and state property tax deduction.
A telling moment came when Romney started talking about the “Buffett Rule”.
I hope we get to talk about fairness. Is it very fair for government to pick winners and losers?
Umm, Mitt, the government (for that matter, ALL governments) pick winners and losers. Take a look at big oil, banks and Wall Street just name a few. Hey Mitt, why don’t you take a look at your bank accounts and really think about it for a moment. I’m sure the answer to your question, “Is it very fair for government to pick winners and losers?”, really isn’t the answer you were looking for.
60% of Americans favor a buffett rule. That means Democrats will somehow figure out how to end up on the wrong side of 60% of Americans.
And folks should go back and take a look at what their tax bills would look like if they couldn’t deduct income and property taxes. This is a pretty easy exercise if you do your taxes via any of the software packages.
No tax breaks for second home mortgages won’t raise much revenue, but eliminating the breaks for income and property taxes would hit middle income people pretty hard, I think. But that seems to be the gist of his plan — reducing the marginal tax rates on wealthy people and pay for it by increasing the tax burden on everyone else.
“That seems to be the gist of his plan — reducing the marginal tax rates on wealthy people and pay for it by increasing the tax burden on everyone else.”
This is the gist of EVERY Republican plan. Why middle-class Republicans are in favor of this I’ll never understand.
The need to feel like a member of a team that shares your misanthropic world view trumps more practical concerns.
@ cassandra – Yes, taking away the deductions that ALL middle class uses would not be wise.
Conservatives should appreciate the complexity of the current income tax system as a salute to the individual. For a moment, forget about who should pay more or less, the fact remains that current tax law is finely tuned after many generations in a very humanizing way to consider the individual circumstance of each citizen.
Provisions are in place that recognize every person as a distinct individual – from the blind, disabled, widows, families with ten children, families with none, homeowners, renters, the relative circumstance of the young single or the married with kids in college, the self employed – you get the idea. The tax system has evolved to treat people as individuals not numbers.
Anyone against radical egalitarianism should beware that any “flat” one size fits all IRS would be the ultimate dehumanizing exercise by big government. A government that can no longer recognize the difference between a blind old widow and a healthy young successful entrepreneur is a government that cannot recognize the difference between one person and the other.
Liberals and conservatives should make this common ground. We don’t want a government that cannot see each of us.
Mitt Rob Me has a $100 million trust fund for his children. He keeps his money in offshore banks. All this is good but why does he want us to trust him when he cheats the American system? Republicans want us to vote for Rob Me because we are stupid? Not that stupid. Paul Ryan’s budget will send my aunt Milly over to my house after Ryan and Rob Me cut off her social security which gives me an extra incentive to vote Democrat and I’m a republican.
“The (CNN) poll also found that 7 in 10 Americans favor Obama’s proposed change to the federal income tax rate for people who make more than $1 million a year — the so-called Buffett Rule.”
Hey Carper, Coons and Carney, 7 in ten…. 70% BITCHES!!!
Lookout, you are obviosly lying about being a republican. No republican thinks like you
@Rd “No republican thinks like you”
Do you really think that all Republicans like it when rich people avoid taxes by hiding money in off-shore bank accounts???
Not the Republicans I know.