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Author: decath Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 757892  
Subject: Re: Romney/Ryan Specifics Date: 10/13/2012 8:47 AM
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If you are really worried about the debt, you cannot vote for Romney. He will propose to cut taxes 20% across the board, the Dems will buckle and it will get passed. He will propose cutting the capital gains rate and the Dems will buckle and it will get passed. He will propose eliminating the estate tax, and the Dems will buckle. He will propose increasing the military and the Dems will buckle. He will propose eliminating the mortgage interest deduction and he will buckle and it will not get passed. He will propose cutting Medicaid and he will buckle.

The compromise will be to get every tax cut he has proposed and no spending cuts. The Republicans will not want to be seen at the party that made Grandma eat cat food so that the Walton heirs never have to pay taxes on their $2 billion in annual dividends. There will be demagoguery on the spending cuts, they will not happen. The compromise will be a deficit that makes Obama's look tame.

Charles


That's a worse case scenerio that you have just described. The big difference between Romney and Obama is that Romney actually cares about America and the economy. I really don't think Obama gives a hoot. TO radical leftists, it's in their interests for America to fail so that they can use it as an excuse to push bigger gov't on us and thus, more socialism.

Romney is a businessman and a patriot. I don't agree with everything he does. I don't think a 20% tax cut will ever be passed unless the Reps get a filibuster proof senate. I don't see it happening. So to get all huffy about that is a waste of energy.

We do need more reforms of the tax code, we need Obamacare to be eliminated and we need, at the very least, to have the current tax structure made permanent. We also need to take a hard look at Ryan's SS and Medicare proposals because doing nothing is irresponsible and pushing the problem forward to the next 5-10 years. I'm 50 and will probably get screwed just as bad as anyone since I've been paying 7.65% for almost 30 years now. I paid 15.3% for 5 years when I did self-employment consulting. But I'm willing to sacrifice and do the right thing.

Dems don't ever want to sacrifice. They want it all. They want people making more than them to pay for their irresponsible entitlements and their big gov't programs.

decath
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