Saturday, July 28, 2007

A Bike (or trike): Your Gift from John Edwards

Check out the entire press release or read the quotes below:

Lower Taxes For All Americans: The Romney Vision Vs. Edwards


"[Y]ou ought to be able to save your money and you ought to have a special tax rate [on your savings]... the tax rate ought to be absolutely zero. ... [Edwards is] going to announce today that he's in favor of a plan that let's you save $250 tax free. That's not going to pay for college, or retirement, or a car – maybe a bike..." (Gov. Mitt Romney, Delivered Remarks, Des Moines, IA, 7/26/07)

Governor Romney Would Eliminate Taxes On Investment To Help Foster Saving And Investment. GOV. MITT ROMNEY: "I'd like middle-income Americans to be able to save their money and not have to pay any tax at all on interest, dividends or capital gains. And by the way, we're all talking about –" MSNBC's CHRIS MATTHEWS: "A zero rate on caps?" ROMNEY: "Zero rate on capital gains for middle-income Americans..." (MSNBC, Republican Presidential Candidate Debate, Simi Valley, CA, 5/3/07)

Governor Romney: "You Don't Create Economic Prosperity By Raising Taxes." (John J. Miller, "Matinee Mitt," National Review, 6/20/05)

John Edwards' New Tax Plan, Introduced Today, Nearly Doubles The Capital Gains Tax Rate To 28%. "Democratic presidential candidate John Edwards, once again seeking to drive the 2008 campaign debate within his party, will today propose raising the capital gains tax rate to 28% from 15%, and use the money to finance tax cuts for middle and lower income families." (John Harwood, "John Edwards Proposes Raising Capital-Gains Tax Rate," The Wall Street Journal, 7/26/07)

Romney knows economics, accouting, finance, marketing, tax, investing.... For heaven's sake he got a Harvard MBA and dominated in business. Why would we even begin to listen to pretty-boy Edwards on this topic? I'm much more comfortable w/ Romney handling my tax $.

Update: I just found this YouTube video about Romney's tax plan for middle-class Americans.

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