http://blogs.marketwatch.com/election/2010/08/18/romneys-economic-plan/Romney’s economic plan
It’s never too early to start a presidential run, and with an op-ed in the Boston Globe, Mitt Romney is apparently throwing his hat back in the ring.
Romney, the ex-Massachusetts governor who failed to secure the Republican presidential nomination in 2008, attacked on Wednesday President Obama’s economic policies and threw out his own.
http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2010/08/18/grow_jobs_and_shrink_government/">See external link to Romney’s op-ed.
The short version:
Bad: Obamacare, dividend tax hike, cap-and-trade support (though that is nowhere near becoming law), failure to approve Colombian and Korean free trade pacts, overseas corporate income tax hike, the “so-called” stimulus, keeping Freddie Mac and Fannie Mae alive. (He also asserts that employers and investors are devaluing the dollar due to government pension obligations — evidently ignoring the dollar index has climbed over the last year.)
Good: Corporate tax cuts, getting rid of unnamed special corporate tax breaks, preserving Bush tax cuts, shorter amortization of capital investment tax write-offs, more trade pacts, an unspecified energy policy that will eliminate OPEC dependence, preserving labor management rules, eliminating dividend taxes and capital gains taxes for households earning less than $250,000 a year, unspecified restructuring of entitlements, and limiting the power of public employee unions.