Quote:
Originally Posted by arock10
But Romney claims he will lower taxes by 20% but not cut anything major at all. You actually believe that will reduce the deficit? Sure Jon Stewart is liberal but he isn't the one talking in the clips, that is Romney himself. Jon Stewart is simply walking the audience down a list of possible things to cut. Maybe he missed something huge? Or is just Romney saying anything he can to get a vote?
I mean if 20% tax reduction would reduce the deficit, why not just make taxes 0%? We'd be in the black in no time!
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Minte just explained (as did I in my first reply to you)
If you broaden the tax base and decrease the number of dependents on the govt., it will increase revenue.
Think of it like this...If you had a paysite with 200 members paying $30 a month you would make $6,000 a month. But if you had 400 members paying $25 a month you would make $10,000 a month.
You cut the amount they paid, but you increased the number of people paying in AND the total revenue.
You may question whether or not Romney's policies will increase employment enough to make that happen, but the fundamentals of the idea are sound.
His approach is to make the U.S. more "business friendly" so that companies will want to set up shop here instead of overseas. Which would bring employment and a broader tax base.
I'm not really sure what Obama's plan is. The best I can tell is that we are going to hire millions of teachers with federal money for local schools. And then our kids are going to learn to do the "jobs of tomorrow". And apparently there is going to be a lot of jobs making solar panels.
But I'm not exactly sure.
I think that Romney's approach to the economy would definitely work.
His stance on social issues however leaves me with a bad taste in my mouth. Obama isn't much better in that regard. He's made a couple of winks and nods to gay folks...but still continues the "war on drugs", the Patriot Act, and military opportunism overseas.
If you get a chance...check out Gary Johnson (that's who I early-voted for)
http://garyjohnson2012.com/
He is more socially liberal than the entire Democrat party put together. And more fiscally conservative than any Republican ever was.