I personally - if I were designing the tax code - would have a tax code in which Mitt Romney paid more than 13 percent, given what I know about the kind of investments he made money from.
Sentiment: NEGATIVE
I think that Governor Romney operates on the capital gains tax, his investments, what he lives off of instead of doing it off of his income.
When Mitt Romney says he wants to reform the tax code, hold on to your wallets. We know Mitt Romney never met a tax haven he didn't like. But his new favorite tax haven is actually not the Cayman Islands - its Paul Ryan's budget.
I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We've had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.
What Governor Romney is proposing is an across-the-board cut in marginal tax rates for households, every household in America by 20 percent. And we'll have to broaden the base to pay for that. Also, a very deep cut in the corporate rate.
We need a tax code that promotes savings, investment, achievement, innovation, and hard work.
Conservatives have long been suspicious that Romney isn't truly one of them. The release of his tax returns should settle the matter once and for all: He's not only to be accepted, but admired and emulated - and by liberals as well as conservatives.
Governor Romney has paid 100 percent of his taxes that are owed. He has complied 100 percent with what the law requires.
Romney said that his tax reform proposal is 'very similar to the Simpson-Bowles plan.' How I wish it were.
Mitt Romney speaking to a $50,000-a-plate Republican fundraiser says he doesn't have to worry about the 47 per cent of Americans who don't pay tax. He was not counting on the smart phone recording his speech and then posting it on YouTube.
Mitt Romney knows America's prosperity didn't happen because our government simply spent more. It happened because our people used their own money to open a business.
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