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On the budget, Mitt moves in right direction

Discussion in 'Politics, Elections & Legislation' started by mrskeet410, Apr 18, 2012.

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  1. mrskeet410

    mrskeet410 TS Member

    Jan 29, 1998
    "The good news for wary conservatives is that Mitt Romney has finally gotten specific about his plans for reforming the tax code and shrinking the federal government. The bad news is that he did so at a private gathering of donors, and for purposes of analysis we have only what reporters lurking outside the event overheard. But with that caveat, we can report that much of what Romney proposes is constructive.

    Romney has long promised a revenue-neutral simplification of the tax code that would couple a 20 percent across-the-board rate cut with the elimination of certain deductions. In his off-mic comments he named names, singling out federal deductions for state and local taxes, and for mortgage interest on second homes, as potential offsets. Both changes would be welcome...

    Romney also spoke in general terms about the size of the federal government, suggesting that under his administration the Department of Housing and Urban Development — once led by George Romney — would be on the chopping block, while the Department of Education would be slated for substantial downsizing. This is a trickier matter. We certainly agree that much of these departments’ business is no business of the federal government, but too often plans to eliminate or downsize federal agencies amount to little more than fiddling with organizational charts. If Romney intends to actually do away with whole functions and capabilities of DOE and HUD, bully for him. If he intends merely to shuffle them about in the interest of marginal and often illusory returns on bureaucratic efficiency, then it probably isn’t worth the political hassle...

  2. grntitan

    grntitan Well-Known Member

    Mar 25, 2009
    IL(The gun friendly Southern Part)


    It's a shame you don't have a brain so you can think for yourself.

    Nobody on this forum likes you. NOBODY!! Not even the other liberal trolls like you. Why don't you just leave..........
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