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Reducing the corporate income tax rate to 25 percent
Cutting discretionary spending by 5 percent
Returning authority to the states
TAX POLICY
As president, Romney will hold the line on individual income tax rates and eliminate taxes on interest, dividends, and capital gains for low - and middle- income taxpayers. He will eliminate the estate tax. And he will pursue a conservative overhaul that applies lower and flatter rates to a broader tax base.
CONCLUSIONRead more for yourself ... Mitt's Plan Summary
Mitt Romney will rebuild the foundations of the American economy on the principles of free enterprise, hard work, and innovation. His plan emphasizes critical structural adjustments rather than short-term fixes. It seeks to reduce taxes, spending, regulation, and government programs. It seeks to increase trade, energy production, human capital, and labor flexibility. It relinquishes power to the states instead of claiming to have the solution to every problem. The plan does not increase the size of the federal budget or bureaucracy. To the contrary, it cuts spending and streamlines regulation.
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Thank you for taking time to read and respond to my post. A quick sentence stating your opinion would be much appreciated - it's the reason I'm blogging, Mike
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