posted by Kyle Hampton | 11:26 AM |
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Of course, for us Romney supporters, we have known that Romney is the choice for a long time.
Vin Weber and Ceasar Conda have an article over at NRO stating exactly why Romney is the choice. Specifically,
they review Romney's economic stimulus plan. They outline the basics of the plan:
For individuals, it would permanently reduce the lowest tax rate from 10 percent to 7.5 percent, providing up to a $400 tax cut for those affected. It would also eliminate payroll taxes on workers older than 65.
Additionally, the plan will allow Americans with adjusted gross incomes of less than $200,000 to save tax-free, by eliminating their tax liability on interest, capital gains, and dividends.
For businesses large and small, the plan would provide new incentives for job-creating investment. Companies could immediately write off or expense the cost of new equipment purchased for a two-year period, retroactive to January 1, 2008.
Romney proposes to permanently reduce the corporate rate to 25 percent for 2008 and 20 percent in 2009.
All of these changes to the tax code work not only a short term gain for individuals and businesses, but represent a significant step in the right direction in keeping our economy healthy. Here's the bottom line:
In 2008, we have a clear choice. We can select a nominee whose economic views have been shaped by almost 30 years spent in the free market, making businesses work and creating jobs. Or, we can pick a longtime politician who has never run a corner grocery store, much less the largest enterprise in the world — the federal government. The choice is clear, and the choice is Mitt Romney.
Labels: economy, Taxes
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