RNC - Romney Campaign Response To President Obama in Nashua, NH

Please see the Romney campaign’s response to President Obama’s event in Nashua, NH today.

“Today’s desperate attacks are laughable coming from a President whose only plan for a second term is to recycle the failed policies of the last four years while raising taxes by $2 trillion. As governor, Mitt Romney worked with Democrats to close a $3 billion deficit, balance four budgets while cutting taxes 19 times, create tens of thousands of new jobs, and lower the Massachusetts unemployment rate to 4.7%. President Obama is the only candidate in this race who has raised taxes on America’s middle class. As president, Mitt Romney will bring real change to Washington. His pro-growth agenda will strengthen the middle class, add 12 million new jobs, and finally deliver a real recovery.” – Ryan Williams, Romney Campaign Spokesman

As Governor Of Massachusetts, Mitt Romney Closed A Budget Deficit Without Raising Taxes And Cut Taxes 19 Times:

Governor Romney Closed A Nearly $3 Billion Budget Shortfall Without Raising Taxes. “When Mitt Romney became governor of Massachusetts in 2003, the state had a budget gap of almost $3 billion and was losing thousands of jobs a month. In Mr. Romney’s four-year tenure, the deficit was eliminated without raising the sales tax or the income tax, and since the labor slump hit bottom in December 2003, the state has gained 81,000 jobs.” (Pam Belluck, "Romney Candidacy Puts Massachusetts Economy In Spotlight," The New York Times, 3/16/07)

As Governor, Mitt Romney Cut Taxes 19 Times, Including Preventing A Retroactive Capital Gains Tax And Enacting The First Sales Tax Holiday. (Governor Mitt Romney, Press Release, 12/8/05; Office Of Governor Mitt Romney, "Romney Signs Economic Stimulus, Supplemental Budget Bills," Press Release, 11/26/03; Office Of Governor Mitt Romney, "Romney Signs Bill To Give Seniors Tax Relief," Press Release, 11/20/05; (Office Of Governor Mitt Romney, "Romney Promotes Tax-Free Shopping Day On Saturday," Press Release, 8/14/04; Office Of Governor Mitt Romney, "Romney, Dimasi, Hart Promote Tax-Free Shopping Weekend," Press Release, 8/14/05; Office Of Governor Mitt Romney, "Romney Signs Economic Stimulus, Supplemental Budget Bills," Press Release, 11/26/03; Jay Fitzgerald, "Gov Nearly Halves Package; Rebellious Legislators Vow To Override Stimulus Vetoes," The Boston Herald, 11/27/03; Jessica Fargen, "Romney Pegs Courthouses For Repair Money," The Patriot Ledger, 8/11/04; Office Of Governor Mitt Romney, "Romney Signs No New Tax Budget In Time For New Fiscal Year," Press Release, 6/30/03; Office Of Governor Mitt Romney, "Governor Romney Signs $25.2 Billion FY 2007 State Budget," Press Release, 7/8/06; Office Of Governor Mitt Romney, "Romney Expands Tax Benefits For Disabled Veterans," Press Release, 8/14/06; Office Of Governor Mitt Romney, "Romney Signs Legislation To Provide Energy Price Relief And Increase Conservation," Press Release, 11/22/05; Stephen Heuser, "$660M Drug Plant, 550 Jobs For Mass.," The Boston Globe, 6/2/06; Office Of Governor Mitt Romney, "Romney Signs Into Law Landmark Fire Safety Legislation," Press Release, 8/17/04; Office Of Governor Mitt Romney, "Romney Urges Taxpayers To File For New Tax Breaks," Press Release, 1/24/06; Office Of Governor Mitt Romney, "Romney Expands Tax Benefits For Disabled Veterans," Press Release, 8/14/06; Office Of Governor Mitt Romney, "'Lights, Camera, Action!' In Massachusetts," Press Release, 11/23/05; "Campaign Notes," The Berkshire Eagle, 7/8/06; The General Court Of The Commonwealth Of Massachusetts, Chapter 141 Of The Acts Of 2003, “An Act Relative To Investments In Emerging Technologies To Promote Job Creation, Economic Stability And Competitiveness In The Massachusetts Economy”)

Obamacare Will Raise Taxes On Millions Of Middle Class Families:

The Congressional Budget Office Estimates Nearly 6 Million Americans Will Get Hit With Obamacare’s Tax Increase. “Congressional budget analysts are now estimating that nearly 6 million Americans — most of them in the middle class — will have to pay a tax penalty for not getting health insurance once President Barack Obama’s health care law is fully in place.” (“Tax Penalty To Hit Nearly 6M Uninsured People,” The Associated Press, 9/19/12)

        In 2016, 4.7 Million Middle-Class Americans – Who Live In Families That Earn Up To $123,000 Per Year – Will Be Subjected To The Individual Mandate Tax In Obamacare. (“Payments Of Penalties For Being Uninsured Under The Affordable Care Act,” Congressional Budget Office, 9/12)

And In A Second Term, President Obama Will Double Down On Job-Destroying Policies By Hiking Taxes On Small Businesses:

And President Obama’s Tax Hikes Will Hit Small-Business Owners And Jeopardize 710,000 Jobs. “Researchers determined the plan would actually subject 2.1 million business owners to higher rates; specifically, those who pay pass-through taxes, like most partnerships, LLCs and S-Corporations. The result, less capital in the hands of business owners and diminished labor supply, would cost the United States an estimated $200 billion in economic output and 710,000 jobs.” (J.D. Harrison, “Obama Plan To Lift Top Tax Rates Would Plague Millions Of Small Businesses, Study Warns,” The Washington Post, 7/17/12)

President Obama’s Second-Term Tax Hikes “Would Hurt Small-Business Job Creators In Particular.” “New research, released today by the National Federation of Independent Business, shows that allowing tax relief on the top individual rates to expire will hurt job creation and the economy. The report, published by top accounting firm Ernst & Young, shows raising top individual rates would hurt small-business job creators in particular.” (NFIB, Press Release, 7/17/12)