LoneLaugher
Diamond Member
Romney was clear that no deductions that benefit the middle class will be touched.
Then how does he pay for the middle class tax cut?
In three ways. He will close some deductions for the wealthy, cut government spending and most importantly promote business investment. That's exactly what he did in Mass., and even before Romney has a chance to put any of his plans into action, the business community will feel reassured that he will promote an business friendly environment and that in itself will increase investment and create new jobs.
There is no great mystery here. For years Obama has been warning America about the evils of capitalism, stating that we need his protection from banks, insurance companies, energy companies, etc. and the dangers of free markets, arguing that Americans need the government to tell them what to buy and where to invest by providing subsidies to ideologically sound projects. While Obama disparages the American system, Romney respects the institutions and dynamics that built the great American economy, and when he is elected, the business community will respond with new investments that will create new jobs and generate new tax revenues.
Bullshit.