I just saw Mitt Romney's plan to keep our country's economy strong. Looks like a great package, with something for everybody!
Romney has proposed:
- To permanently cut in the lowest income tax bracket to 7.5 percent from 10 percent.
- To make that cut immediately retroactive to 2007 tax liabilities.
- To permanently eliminate Social Security payroll taxes for workers over 65.
- To provide 100 percent expensing of new equipment purchased by businesses over two years retroactive to Jan 1 2008.
- To permanently reduce the corporate tax rate to 20 percent from 35 percent over two years.
- To permanently eliminate capital gains and dividends taxes on households earning under $200,000 a year, an idea he has previously proposed.
Nobody else has the business and economic insight to create a comprehensive economic plan like Mitt.
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