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WSJ - "Romney vs. Romney " - Even The Right Wing Makes Fun Of Him

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TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-21-11 07:45 PM
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WSJ - "Romney vs. Romney " - Even The Right Wing Makes Fun Of Him
You know things are bad when you are a former Wall Street executive at Bain Capital, and the Wall Street Journal is making fun of your propensity to say whatever is politically convenient at the moment.

http://online.wsj.com/article/SB10001424053111903596904576518443938956896.html?mod=googlenews_wsj


Mitt Romney continues to be labeled a weak presidential front-runner who has failed to excite the GOP base, and his comments on tax reform this week help to explain why.

"I'm not for tax cuts for the rich. The rich can take care of themselves," he told an audience in Plymouth, N.H., on Monday. "I want to make sure that whatever we do in the tax code, we're not giving a windfall to the very wealthy."

It appears that Mr. Romney and President Obama don't just have health-care reform in common. Both are also campaigning against tax cuts for "the rich." Mr. Romney of course wouldn't want to sound like the president, which is probably why he added that raising taxes on the wealthy hurts job growth and that the government is "taking too much already." But if he believes that, shouldn't he also support lower taxes on more productive segments of society?

Mr. Romney's position on the Bush tax cuts, which reduced the top marginal rate for the wealthiest Americans to 35% from 39.6%, is likewise unclear. During his a stop in Berlin, N.H., on Tuesday, he spoke favorably of the Bush tax cuts. But as governor of Massachusetts, Mr. Romney refused to endorse them. As the Boston Globe reported in 2003, Mr. Romney told the state's congressional delegation that he didn't support tax cuts for the wealthy and wouldn't be a "cheerleader." By the time Mr. Romney was running for president four years later, he'd come around to supporting the tax cuts.

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