Anarchist420
Diamond Member
From http://www.romneyexposed.com/2011/06/20/an-open-letter-about-mitt-romney-from-conservatives/ (Romney Exposed: An Open Letter from Conservatives):
We can't afford the deficits and tax increases that Romney would bring. Just like Reagan spent more than Carter, Romney will spend at least 2.5 times more year than Obama if elected. In addition to that, Romney believes that the dollar is currently too strong (he wants China to quit manipulating their currency even though that's good for American consumers) and in addition to Romney's proposed tax increases (he wants more tariffs and he wants to increase the effective average corporate tax rate).
At least Obama has populist rhetoric and a lot of his supporters from 08 will be willing to give him a 2nd chance even though he has no intentions of giving a corrected performance. Ron Paul would have a much better record to run on than Romney, plus the fact that he's actually different from the last several progressives/neocons nominated by the GOP makes him the GOP's best hope.Romney Raised Taxes And Destroyed Job Creation In Massachusetts
[...] But let’s take DeMoss at his word that Romney’s business experience will make him a good conservative president. How did his business experience help him govern Massachusetts? And did he govern as a conservative? For the last five years Romney and his supporters have cultivated an image of Romney as a fiscal superstar and who ran a very tight ship as Governor of Massachusetts. Indeed, DeMoss claims Governor Romney “turned a $3 billion deficit into a nearly $1 billion surplus, without raising taxes.” But that statement is simply not true.The reality is that Romney’s tenure as Massachusetts governor was an economic disaster for the state.
Governor Romney passed a host of new tax and fee increases, hitting the corporate world hard and devastating job creation. As Peter Nicholas, chairman of Boston Science Corporation, stated, “tax rates on many corporations almost doubled because of legislation supported by Romney.” (1)
The Cato Institute reported that in his first year as Governor, Romney “proposed $140 [million] in business tax hikes through the closing of ‘loopholes’ in the tax code.” (2) As Nicholas explains, “Romney’s tax policies were not helpful for many small businesses…when Romney took many IRS subchapter S businesses in Massachusetts and almost doubled their tax rates, it was an important disincentive to investment, growth and job creation.” (3). As Joseph Crosby of the Council on State Taxation stated, “Romney went further than any other governor in trying to wring money out of corporations.” (4)
Romney also raised taxes on business again in 2004 and 2005, for a grand total of $309 million levied upon the corporate sector. (5) He then increased taxes on business property (6), tried to raise taxes on hotels (but was stopped by the Democrat legislature!) (7), joined a coalition lobbying congress to tax internet activity (8), and supported a tax on out of state commuters. (9)
Nor did Romney fight the passage of higher rates on death taxes; indeed, his official position on a state bill was “no position.” (10). Moreover, Governor Romney supported gas tax hikes both for Massachusetts and for the federal government. (11) He also proposed a new excise tax on SUVs and a new sales tax on all used cars. (12)
Indeed, Romney failed to reduce ANY of the myriad taxes Massachusetts imposes on its citizens, even though the previous two Republican governors, William Weld and Paul Cellucci, were both able to reduce tax rates. As Governor Cellucci confirmed, Romney “did not have any broad-based tax cuts in his four years as Governor.” (13). Indeed, while Romney raised over a hundred different fees and taxes, the two previous Republican governors signed more than 40 tax reduction bills, even though Democrats controlled the legislature.
Nor are there any taxpayer groups in Massachusetts in agreement with the notion that Romney never raised taxes. As the Massachusetts Taxpayer Foundation stated, “fees and taxes have increased more than $700 million per year under Governor Mitt Romney….” (14) For a detailed list of the fees and taxes raised by Romney, go here: http://romneyfacts.com/assets/Romney_taxandfee_hikes.xls
We should not also forget that Romney refused to support the Bush tax cuts while governor, (15) and when campaigning for Governor, refused to sign the “no new taxes” pledge, calling it “government by gimmickry.” (16) He only signed the pledge when he began to campaign for the presidency.
By Romney’s last year in office, Massachusetts was ranked by the Public Policy Institute of New York on its Cost of Doing Business Index, as the 4th most expensive state in which to do business in. (17) Data compiled by the Tax Foundation reveals that during Romney’s term, the per capita tax burden increased from 9.3% to 9.9%, a .6% increase. In real dollars, the per capita tax burden increased $1175.71 during Romney’s term. (18)
Contrary to DeMoss’s comments, Romney didn’t “turn a $3 billion dollar deficit into a nearly $1 billion surplus.” Rather, the deficit was $1.3 billion according to Factcheck.org (19) and he balanced the budget with mostly tax and fee increases with very little spending cuts. According to the Massachusetts Taxpayer Foundation, Romney “proposed four budgets while in office…each budget increased spending over the previous year.” (20). As Club for Growth echoed, Romney’s last budget “was a whopping 10.12% larger than the preceding fiscal year.” (21) Out of the 25 freshmen Republican Governors rated by the Cato Institute on fiscal issues, Romney had the 2nd worst score. (22)
Indeed, Carla Howell, president of the Massachusetts-based Center for Small Government, is blunt about Romney’s record: “Romney claims to have cut the Massachusetts budget by ‘2 billion.’ Sometimes he claims he cut it ‘3 billion’….but these cuts were merely budget games….not only did Mitt Romney refuse to cut the overall Massachusetts budget, he expanded it. Dramatically….Romney initiated massive new spending –without any prodding.” (23)
The alleged budget surplus DeMoss refers to is also mythical. The Massachusetts Taxpayer Foundation and the conservative Massachusetts think tank, Beacon Hill Institute, both challenged that notion (24). In fact, Romney left a billion dollar deficit for his successor. (25).
Romney’s budgets were also full of pork and he was infamous for lavishing money on staff salaries, incurring outlandish travel expenses, and granting pay hikes for state officials and lawmakers. (26). Moreover, he had no problem with corporate welfare, granting millions to local corporations in an effort to persuade them to NOT leave the state or to hire more workers, hardly a sign of a fiscal conservative. (27)
Finally, job growth was devastated by Romney’s policies. The Massachusetts Taxpayer Foundation says that under Romney, “job growth has been anemic. [...]” (28).
We can't afford the deficits and tax increases that Romney would bring. Just like Reagan spent more than Carter, Romney will spend at least 2.5 times more year than Obama if elected. In addition to that, Romney believes that the dollar is currently too strong (he wants China to quit manipulating their currency even though that's good for American consumers) and in addition to Romney's proposed tax increases (he wants more tariffs and he wants to increase the effective average corporate tax rate).
Last edited: