Team Romney: Home To Supporters Of Higher Taxes
Supporters of Mitt Romney continually tell us we have to grade Romney’s term as Governor on a curve. It was Massachusetts they argue, so we can’t expect him to have acted like a conservative. We’re supposed to take his word for his conservative credentials.
Well, there’s another way to judge Romney…who is supporting him? One group is made up of political figures with a history of supporting higher taxes.
When asked about attacks on Newt Gingrich by former New Hampshire Governor John Sununu, Romney said, “I fully support John Sununu,”
Why does Sununu dislike Gingrich so much? When Sununu was Chief of Staff for President George H.W. Bush, Gingrich, then the Minority Whip in the House, opposed Bush’s tax hikes. John Sununu, Romney supporter, was the architect of the ill fated deal with congressional Democrats that led to tax hikes, no spending cuts (despite that being part of the deal Sununu cut) and helped usher in Bill Clinton.
Mitt’s most recent endorser opposed the “Bush Tax Cuts”
“I cannot support a tax cut [the 2001 “Bush Tax Cuts”] in which so many of the benefits go to the most fortunate among us at the expense of middle-class Americans who most need tax relief.”-
Barack ObamaRomney supporter John McCain
That makes sense since Mitt himself opposed those cuts. That stance garnered praise from…Barney Frank
Romney said he had not publicly opposed the cuts, according to one observer at the meeting, prompting Frank to ask, “Will you?” Romney replied that he probably would not. The answer triggered laughter in what both sides described as an otherwise bipartisan session.
“I was very pleased,” Frank said afterward. “Here you have a freshman governor refusing to endorse a tax cut presented by a Republican president at the height of his wartime popularity.”
According to the observer, who spoke on condition of anonymity, Romney told the delegation that he “won’t be a cheerleader” for proposals he doesn’t agree with, “but I have to keep a solid relationship with the White House.”
At least Mitt will now be a strong advocate for job creating tax cuts, right? Well, no.
When Romney came in and spoke to The Wall Street Journal recently, he said that “someone with my background can’t make an argument for cutting taxes on wealthy individuals.” That was sort of why he–his argument for a more modest tax proposal here. What he didn’t say is whether he actually believes that cutting taxes on our most productive people would help grow the economy. And I think that’s where Gingrich thinks he has Romney. Does he actually believe this stuff?
Contrast this to Newt’s record of cutting taxes and a bold plan to reinvigorate the economy through sound tax policy.
From The Club for Growth
His vote and leadership against the 1990 Bush tax increase is especially praiseworthy, as it exhibited political courage to fight against a bad policy that was promoted by the president and congressional leadership of his own party.
Further, Gingrich can be one of the most clear-eyed and forceful advocates for supply-side economics and the value of free enterprise. He has most recently favored:
- an immediate and permanent repeal of the Death Tax;
- elimination of all capital gains taxes;
- reduction of the corporate tax rate to 12.5 percent;
- a 50 percent payroll tax cut for both employers and employees;
- a 100 percent tax write off for businesses’ equipment purchases.
Gingrich also favors broader fundamental tax reform. In a 2008 op-ed, he enthusiastically praised the idea of an optional, single-rate income tax reform proposal. According to Gingrich, “[a]n optional flat tax would save taxpayers more than $100 billion per year and reduce compliance costs by over 90 percent. This is a stimulus package that would have an immediate effect on our American economy.”
In addition, Gingrich has advocated a near flat tax proposal that would lower the current 25 percent income tax rate to 15 percent. This would, in Gingrich’s words, “in effect, establish a flat-rate tax of 15% for close to 90% of American workers.” Both of these options would be enormously good for our economy.
Gingrich is a long time, consistent supporter of conservative tax policies. He also has a track record of actually impacting federal tax policy for the better.
Mitt Romney on the other hand has been conspicuously absent throughout his career when it comes to creating prosperity through effective, conservative tax policy.
The choice is clear…a proven tax cutter like Newt Gingrich or a magnet for supporters of higher taxes like Mitt Romney