fyi mitt's economic plan is as follows:
Stop Runaway Federal Spending And Debt.
Reduce federal spending as a share of GDP to 20 percent – its pre-crisis average – by 2016.
In so doing, reduce policy uncertainty over the need for future tax increases.
Reform The Nation’s Tax Code To Increase Growth And Job Creation.
Reduce individual marginal income tax rates across-the-board by 20 percent, whilekeeping current low tax rates on dividends and capital gains. Reduce the corporateincome tax rate – the highest in the world – to 25 percent.
Broaden the tax base to ensure that tax reform is revenue-neutral.
Reform Entitlement Programs To Ensure Their Viability.
Gradually reduce growth in Social Security and Medicare benefits for more affluentseniors. Give more choice in Medicare to improve value in health care spending.
Block grant the Medicaid program to states, enabling experimentation to better fit localsituations.
Make Growth And Cost-Benefit Analysis Important Features Of Regulation.
Remove regulatory impediments to energy production and innovation that raise costs toconsumers and limit job creation.
Repeal and replace the Dodd-Frank Act and the Patient Protection and Affordable CareAct. The Romney alternatives will emphasize better financial regulation and market-oriented, patient-centered health care reform
Stop Runaway Federal Spending And Debt.
Reduce federal spending as a share of GDP to 20 percent – its pre-crisis average – by2016.
In so doing, reduce policy uncertainty over the need for future tax increases.
Reform The Nation’s Tax Code To Increase Growth And Job Creation.
Reduce individual marginal income tax rates across-the-board by 20 percent, whilekeeping current low tax rates on dividends and capital gains. Reduce the corporateincome tax rate – the highest in the world – to 25 percent.
Broaden the tax base to ensure that tax reform is revenue-neutral.
Reform Entitlement Programs To Ensure Their Viability.
Gradually reduce growth in Social Security and Medicare benefits for more affluentseniors. Give more choice in Medicare to improve value in health care spending.
Block grant the Medicaid program to states, enabling experimentation to better fit localsituations.
Make Growth And Cost-Benefit Analysis Important Features Of Regulation.
Remove regulatory impediments to energy production and innovation that raise costs toconsumers and limit job creation.
Repeal and replace the Dodd-Frank Act and the Patient Protection and Affordable CareAct. The Romney alternatives will emphasize better financial regulation and market-oriented, patient-centered health care reform
|