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Entries in Gov Romney (128)


DNC - Washington Post: If you liked Mitt Romney’s tax plan, you can keep it, Chris Christie says 

Washington Post: If you liked Mitt Romney’s tax plan, you can keep it, Chris Christie says




The tax plan Chris Christie proposed this week feels familiar.


In a speech Tuesday, the Republican governor of New Jersey argued that reforming the tax code is vital to economic growth. He proposed lowering tax rates across the board. To make up for the fact that the Treasury would be taking in less money in taxes, he'd eliminate special exemptions and deductions, which would also simplify the system.


In other words, Christie is standing on a very similar platform that former Massachusetts governor and Republican presidential candidate Mitt Romney did just three short years ago.


Christie has not said that he will run for the GOP nomination next year, but he did give the speech in New Hampshire, a state with an early primary.


He called for collapsing the personal income tax brackets into just three, all of them with lower rates and with a top marginal rate of 28 percent. By getting rid of tax breaks, he said he'd make sure that these adjustments didn't expand the deficit.


There are a few breaks Christie wants to keep -- in particular, the deductions for charitable donations and for interest paid on a mortgage for a taxpayer's first home. Instead, he floated a cap on the total exemptions and deductions that any taxpayer can use to lower her bill, an idea that Romney also suggested in a debate.


Like Christie, Romney was looking for ways to raise more money, as his plan also cut marginal rates for all taxpayers, reducing them by 20 percent.


As the nonpartisan Tax Policy Center concluded at the time, it was "not mathematically possible" for Romney to achieve his goal of lowering tax rates without forcing the government to borrow more -- unless he was planning on effectively raising taxes for the poor and middle class, while reducing them for the country's wealthiest citizens.


Many of the breaks that Romney suggested eliminating help taxpayers with more modest incomes. Wealthier people have larger houses, so they're able to deduct much more in mortgage interest -- but only up to a certain point. As Josh Barro explained for Bloomberg at the time, taxpayers with incomes over $200,000 earned 26 percent of all income in 2009, but received only 12 percent of all exemptions and deductions.


The Tax Policy Center's analysis of Romney's plan assumed that reducing tax rates would stimulate economic growth, but the growth wasn't enough to make up the difference.


That mathematical reality contrasted with the rhetoric of Christie's speech. He said that President Obama's policies had widened the gap between rich and poor. A different approach would create faster growth, Christie said, helping the middle class.


"Why has the income of middle-class Americans not grown for 15 years?" the governor asked. "Until we answer that question and fix that problem, the anxiety and unhappiness that weigh on middle-class America will not be resolved."


Christie's plan is less dramatic than those proposed by other contenders for the GOP presidential nomination. The wealthy would pay far less under the flat tax proposed by Sens. Ted Cruz of Texas and Rand Paul of Kentucky, and the national sales tax advocated by former Arkansas Gov. Mike Huckabee.


One strategy for Christie to compete with them would be to convince Republicans that his platform will be more palatable to moderate and persuadable voters in the general election. Yet resurrecting a  plan from an unsuccessful campaign three years ago may not answer Republicans' questions about Christie's chances of success.



NHDP - New Hampshire Republicans More Out of Touch on the Minimum Wage than Mitt “47%” Romney 

Concord, N.H. – Even Mitt Romney, who infamously said, “I'm not concerned about the very poor,” and "my job is not to worry about [47% of the American people],” now claims that he supports raising the minimum wage.
Yet despite the overwhelming support from Granite Staters for raising the state’s minimum wage, New Hampshire Republican leaders continue to oppose efforts to strengthen wages for tens of thousands of hard-working people.
“It is beyond belief that New Hampshire Republican leaders could be more out of touch on the minimum wage than even Mitt ‘47%’ Romney,” said New Hampshire Democratic Party Chair Ray Buckley. “It is long past time for Republican leaders to listen to the voices of the people of New Hampshire and finally join with Governor Hassan and Democrats in the legislature to strengthen wages and move our economy forward.”
Granite Staters Overwhelmingly Support Raising the Minimum Wage
76% of Granite Staters support raising New Hampshire’s minimum wage – including majorities of Democrats, Republicans and independents. [WMUR Granite State Poll]
Senator Bradley Uses Debunked Claims About Minimum Wage; Data Shows 2014 Job Creation Grew Faster in States that Raised the Minimum Wage
Following Governor Hassan’s call to finally raise the minimum wage in her Inaugural Address, Senator Jeb Bradley cited debunked Republican talking points, calling the minimum wage “a job-killer.” However, the Center for Economic and Policy Research (CEPR) found that job creation in 2014 was faster in the 13 states that had increased their minimum wage on January 1, 2014 compared with those that had not. Another study from the Institute for Research on Labor and Employment found “strong earnings effects and no employment effects of minimum wage increases.”



MANCHESTER - Today, the Brown ​campaign released a new web video, titled “New Direction.”  It features Mitt Romney talking directly to camera about what’s at stake this election, saying it is the “last chance to pass judgment on President Obama’s record.”
Says Romney, “He’s not on the ballot, but his biggest supporter in the Senate is: Jeanne Shaheen.”

Jeanne Shaheen has voted with President Obama and his policies 99 percent of the time, failing to put New Hampshire first.  As Election Day approaches, Romney touts Brown’s vision to “lead us in a new direction with more jobs and renewed sense of pride and purpose” and urges voters to change directions by voting for Scott Brown on November 4th.


Transcript "New Direction":

Mitt Romney: This election is America’s last chance to pass judgment on President Obama’s record.

He’s not on the ballot​, b​ut his biggest supporter in the Senate is: Jeanne Shaheen.

Scott Brown will lead us in a new direction with more jobs and renewed sense of pride a and purpose.​

For a better future, join me in supporting Scott Brown for senate.

NHDP - NEW WEB AD: Brown and Romney Outsourcing Records Wrong For NH

NHDP Releases New Targeted Web Ad Ahead of Romney Visit
Manchester, NH--The New Hampshire Democratic Party is releasing a new web ad ahead of Scott Brown's campaign stop with fellow Massachusetts politician and notorious outsourcer, Mitt Romney. During Romney's 2012 presidential campaign, it was revealed that Mitt Romney invested millions of dollars in a company that profited off of U.S. Outsourcing. Similarly, Scott Brown has been making hundreds of thousands of dollars off an outsourcing company, even endorsing their business strategy, which included sending jobs to China and Mexico. 
To view the web ad, click here:
"Scott Brown and Mitt Romney both cashed in off of outsourcing jobs--and that's just further proof that both are wrong for our economy and wrong for New Hampshire," said New Hampshire Democratic Party Communications Director Julie McClain.



HUDSON Today, Governor Mitt Romney rallied with Scott Brown at Gilchrist Metal Fabricating. The pair addressed the need to lower energy costs and increase supply to boost New Hampshire's economy and eliminate the burdens of the Obama-Shaheen failed economic policies.  
"New Hampshire's energy costs are through the roof and Senator Shaheen wants to make them even higher by voting to pave the way for a new national energy tax," said Brown  “She has consistently voted against small business and has received an incredible zero rating from the National Federation of Independent Businesses.  I'm running to put New Hampshire first and I'm glad to have Governor Romney here today.  Our nation would be a lot better off with him in the White House."
"Scott Brown knows what it takes to keep the economy growing, while Jeanne Shaheen has voted to open the door for a national energy tax and supports President Obama 99 percent of the time," said Romney. "We need an independent senator who will fight for New Hampshire and that person is Scott Brown."
Gilchrist Metal Fabricating, with 35 employees, manufactures metal products for 29 service industry companies and cites energy bills are the second most expensive cost for their business. Recent reports state energy prices will increase by up to 50 percent in New Hampshire this winter.
In 2013, Senator Shaheen voted to pave the way for a new national energy tax. According to a study from the non-partisan National Association of Manufacturers, gas prices would increase by 20 cents per gallon and home heating costs would rise by $650 annually.  Shaheen has a 0% rating this Congress from the National Federation of Independent Business, compared to Brown's nearly perfect lifetime record of 94%.
"We appreciate Scott Brown and Governor Romney joining us today to focus on reviving our economy," said Jack Gilchrist, owner of Gilchrist Metal Fabricating. "Scott has been a champion for small businesses and will support meaningful reforms to lower energy costs, repeal Obamacare and eliminate the uncertainties of the Obama-Shaheen economy.  He has my vote, and we trust him to be the independent voice that will put New Hampshire first."