Wednesday, September 7, 2011

Mitt Romney and Taxes: Sounding Too Much Like Obama

What is the Obama "plan" on taxes--excluding the costly welfare "gimmicks" like tax credits and a "payroll tax cut" (gimmicks which Mitt Romney has NOT made it clear he opposes--more than enough reason for me to DESIOWN Romeny, and the entire Repubican Party, if such debt increasing gimmicks pass)?


Yes, the fundamental Obama tax plan is to RAISE TAXES, but only on the "rich": People earning more than $200,0000.00. Obama wants to keep the "Bush tax cuts" for the "middle clasds". Yes, this is CLASS WARFARE, and a constant complication and distortion in the tax code--making it impossible to have a simple, "fair" tax code (if Obama has his way).


This is the problem with Romney, and it is a big one: He SOUNDS LIKE OBAMA way too much of the time. This is because Romney HAS NO PRINCIPLES (as everyone know), except the idea that he can be a better MANAGER than Obama (they typical estabkishment Repubican attitude). This causes Romney to PANDER--which makes him sound like Obama. No, Romney is not realy like Obama, because Obama DOES have "principles" (even if he is willing to at least pretend to subordinate them to his reelection). Obama is a leftist idologue. Romney is merely an establishment guy with a business background--who wants to be President. This is the SAME reason that Romney sounded so much like Obama when Romney "sold" RomneyCare in Massachusetts. It is the flaw that might--probably should--keep Romney from getting the Repubican nomination for President.


What am I talking about? I am talking about that new "Romney tax plan". Yes, there is the cut in the corporate tax rate, which Obama hardly favors (wait for the speech, however, for all of these GIMMICKS that Obama is going to promis e business in an attempt at BRIBERY). But Romney proposes a MIDDLE CALSS TAX CUT for people earning less than $200000 (which Romney himself calls the "middle class", as does Obama). This is Romney's proposal to eliminate the capital gainss tax ONLY for the "middle class", as well as to eliminate taxes on interest and dividends for the same people. Does this not sound like Obama? It should. It is like Romney is channeling Obama, as was true of too much of what Obama said about RomneyCare when he got it passed in Massachusetts. Yes, Romney is right that it is DIFFERENT for a state than for the Federal Government, but you still don't get the feeling that Romney has any principle at stake--other than the idea that ObamaCare is not going to work (corrrect, but hardly "conservative").


How is Romney going to criticize the Obama class warfare idea on extending the Bush tax cuts? How CAN Romney attack Obama on this subject. I just heard Romney, in debate, SOUND JUST LIKE OBAMA in proposing "tax cuts for the middle class". Romney simply cannot be consistent and really say that Obama has it wrong when he says that the Bush tax cuts should be limited to the "middle class". Hey. I know that "consistency" is Romney's WEAK pint. Everybody knows that: a corolllary of the fact that Romney has no real principles (which some people might call "not being an ideologue"). Still, there is a point at which this becomes RIDICULOUS. Romney is PANDERING to the "middle class", EXACTLY like Obama has done, and is dong, and he really cannot get away with it (unless people are so down on Obama that they will vote for any alternative--prhaps the aSe). No. Romney does not get away with it with me. It is yet more evidence that I probably cannot stand to vote for Romney, even agaisnt Obama. Yes, I supported Romney against McCain, and promised to do so against Obama. However, that wwas a different time for both Romney and myself. Then, Romney was the alternative to McCain, and everyone knew it. Thus, Romney deliberately campiagned to the RIGHT of McCain, leading to some hope that Romney woulld "stay bought. That hope has been dashed, as Romney is now running to the LEFT of his main opponents in the race for the nomination. No. Not too obviously left, but left nevertheless. And Romney SOUNDS left--to those of us experts attuned to this sort of thing.


Nope. I don't care what rationalizaton Romney gives, and he will surely give one. Romney's position on the "middle class" and taxes is the SAME as Obama. Even the reasoning is the SAME. I don't think I can stand to vote for a politician whose "principles" are that "flexible". I don't trust him at all--even to "stay bought". I cannot trust him, and neither can anybody. Yes, I know that you, and I, CAN "trust" Obama to be the same leftist wo has brought us to the brink of ruin. Not enough for me. See this blog's recent articles on the subject.


A digression: Will Repulbidans betray me, and the Tea Party, on thi sFRAUDULENT "payroll tax cut" that will cause me to WALK AWAY from the Repubican Party FOREVER? I still think so I heard Hohn McCain SAY SO oto Greta VanSusteren--not, of course, using the word "betray", nor describing that the COST of such a move would be MORE than the entire amount Repubicans have even said thaey will "cut" through 2013. . In other words, McCain would ADD to the deebt, and REQUIRE a larger raise in the debtr ceiling than the PROPAGANDA put out by Repubicans in connection with the "debt ceiling deal". Now this IS John McCain, and I DISOWNED McCain a long time ago. You people of Arizona refused to DEFEAT him, and I BLAME you for not folllowing my advice. The people of the country did follow my advice, and not votge for him for President.


A second digression: No, I sitll do not favor eliminating the capital gains tax. Explain to me again how 15% is such a TERRIBLE number that discourages people from "investment"? This is Republicanconservative RELIGION--not reason. No, this is not a BETRAYAL of the kind I have been talking abut recently. I don't "disown" Repubican politicians over this one. Indeed, conservatives and Repubicans might "disown" ME for departing from religious orthodoxy on this one. The problem is that if you have a ZERO capital gains tax, then a lot of "smart" people are going to CONVERT ordinary income to capital gains in any number of ingenious ways. The 15% rate on capital gains strikes me as about right . Not enough to discourage investment, but MAYBE enough to discourage GAME playing. That is also a problem with a DIFFERENT top individual rate and corporate rate (Romney again). Why do you want tao treat a business DIFFERENTLY depending on whehter it operates as a corporation or not? I favor a 25% top rate, as part of tax reform (not ONE DIME added to debt--no matter how much spending we hagve to cut or how many loopholes we have to close). But having a different top rate for individuals and corporatinos again just FORCES "game playing": forces people to operate in the corporate form. Yes. I was a lawyer in my former life, and even represented small businesses on corporate matters as a minor part of what I did. So I would recommend that almost every business making any knind of money should be a corporation. However, there is no reason to FORCE that on people. We need a SIMPLE tax code, where people do not make decisons based on taxes. A "zero" capital gains rate, and a ifferent top individual and corporate tax rate, violate this principle. I don't favor them, even if it is not a "deal breaker" for me. What is a "deal braker" is this PANDERING to the "middle calss", in a way that sounds exactly like Obama.


P.S. No proofreading or spell checking (bad eyesight).

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