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Report: Romney Tax Proposals Definitively Better for Economic Growth Than Obama's

sylvia55 Wrote: Nov 03, 2012 8:03 PM
This article assumes something that is false. Without tax cuts and jobs that make for more taxes in the end, there is no money to reduce the deficit caused by bloated government. I saw it work with Reagan and it will work again!!
sylvia55 Wrote: Nov 03, 2012 9:17 PM
Yes, Ruray: RH understand how the economy really works. Debt by itself is not is all the other things happening that make it so.
RHSimard Wrote: Nov 03, 2012 8:23 PM
Yes. Deficits were huge under Reagan, but they were, you might say, therapeutic deficits, painful but ultimately healing. They were the product of leaving more wealth in the hands of those who produce it, who then proceeded to do exactly that. Spending levels couldn't be cut instantly (and, as Reagan later regretted, wouldn't be cut as much as they should have been), and the Laffer-Curve tax revenue benefits would also take a while; in the interim, big deficits.

The changes in direction that caused them ultimately led to a more or less continuous time of growth that Clinton would appreciate the time he actually ran a small surplus.

That is entirely unlike deficits driven by Obozo's Keynesian so-called stimuli.
ruralholiday Wrote: Nov 03, 2012 8:18 PM
"I saw it work with Reagan and it will work again!!"

But Reagan not only enacted the single largest tax INCREASE in history in 1982, he was the first president to more than double the national debt over 2 terms setting the stage for future LIBERAL A-Holes and some RINO presidents ("Reagan proved deficits don't matter." ~Vice President Richard Cheney, 2002, " to add billions of new debt that is now getting passed onto our children and grandchildren. That's IMMORAL!

A report out yesterday from the non-partisan Tax Foundation analyzes Barack Obama and Mitt Romney's tax plans side-by-side and comes to the conclusion that a President Romney would be much better for economic growth than a second Obama term - and indeed, if President Obama's policy proposals were instituted as law, economic growth would actually be worse than current law projections.

Source: Tax Foundation

In contrast to the Tax Policy Center, the Tax Foundation's model doesn't take Romney's revenue-neutrality pledge as definitive. Thus, the report finds that the Romney plan would increase...