Romney is What’s Wrong With the Republican Party
Reading Al Gore’s comments on Mitt Romney we were reminded of all of the reason’s we don’t trust the man: “Good for Mitt Romney though we’ve long passed the point where weak lip-service is enough on the Climate Crisis. While other Republicans are running from the truth, he is sticking to his guns in the face of the anti-science wing of the Republican Party.
The so-called science of global warming is more media hype and Wall Street attempts to profit on trading carbon credits than it is real science. The scientific community is split on the topic with some climatologist predicting a new mini ice age. Mitt Romney’s gullibility on this issue helps us understand why he has been so wrong on most of the vital issue of the last decade.
Romney is often trumpeted by his supporters as having business experience and they love to site this record of taking Massachusetts from a three billion dollar deficit to a one billion dollar surplus. But the cost of his balanced budgets was tough on business. Peter Nicholas, founder of Boston Scientific Corporation, stated it this way: tax rates on many corporations almost doubled because of legislation supported by Romney. 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.
The Cato Institute reports as Governor, Romney opposed $140 million in business tax hikes through the closing of loopholes in the tax code. This led to Joseph Crosby of the Council on State Taxation to say, Romney went further than any other governor in trying to wring money out of corporations.
Romney raised taxes on business by a total of $309 million. He increased taxes on business property. He then tried to raise taxes on hotels, but was stopped by the Democrat legislature. Romney at the time joined a coalition lobbying congress to tax internet activity, and he even supported a tax on out of state commuters.
Read More at Townhall by Douglas Kellogg, Human Events