By G. Tracy Mehan, III
Focusing and sharpening his economic policy yesterday, Mitt Romney released his comprehensive tax reform plan which substantially cuts marginal tax rates without falling prey to the deficits-don't-matter syndrome which has come to typify many Republicans these days. Both supply-siders and budget hawks will applaud this new initiative. He manages a walk down the supply side spurring economic growth while honoring his inner deficit hawk.
"The right way forward is a flatter, fairer, simpler tax system that generates the revenue we need to fund a smaller government that is restrained to its historical size," said Romney.
At the heart of Governor Romney's tax plan are permanent, across-the-board 20 percent cuts in marginal tax rates while limiting deductions, exemptions and credits for higher income Americans to insure revenue-neutrality.
Read more: http://spectator.org/archives/2012/02/23/mitt-romney-takes-a-walk-on-th
Focusing and sharpening his economic policy yesterday, Mitt Romney released his comprehensive tax reform plan which substantially cuts marginal tax rates without falling prey to the deficits-don't-matter syndrome which has come to typify many Republicans these days. Both supply-siders and budget hawks will applaud this new initiative. He manages a walk down the supply side spurring economic growth while honoring his inner deficit hawk.
"The right way forward is a flatter, fairer, simpler tax system that generates the revenue we need to fund a smaller government that is restrained to its historical size," said Romney.
At the heart of Governor Romney's tax plan are permanent, across-the-board 20 percent cuts in marginal tax rates while limiting deductions, exemptions and credits for higher income Americans to insure revenue-neutrality.
Read more: http://spectator.org/archives/2012/02/23/mitt-romney-takes-a-walk-on-th
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