Posted by
Bert Chapman on Saturday, February 02, 2008 11:40:26 AM
Conservatives should support Mitt Romney's plan to reduce the tax rate on savings and capital gains taxes to zero for those with annual incomes of under $200,000. This would due much to spur prudent financial planning by Americans and invigorate the stock market. I recommend you read an excellent analysis of the merits of Romney's plan by the Manhattan Institute's Nicole Gelinas in the newest issue of that research institute's City Journal accessible at
http://www.city-journal.org/2008/eon0131ng.htmlRomney's prescient thinking on economic matters should be contrasted with John McCain's desire to increase the burden on Americans with his de facto support for imposing higher energy costs on Americans through his monomaniacal obsession with global warming and especially with Hillary Clinton and Barack Obama's desire to augment the power of the welfare state with nationalized health care and their own confiscatory economic appoach to climate change. Additional demonstration of Romney's superior economic acumen is provided by Mike Huckabee's support for protectionism which is the last thing our economy needs if its to compete with emerging economic powers like India and China and be able to provide Americans with high-quality jobs.
Romney's plan will provide more structural reform to the American economy and improve the living standards of individual Americans and Americans with families than the quick fix and short-sighted economic stimulus package being rushed through Congress by the Bush Administration which does not address the spending and debt problems at the core of our budgetary deficits and economic malaise.
I also urge Huckabee to withdraw from the race because he is siphoning conservative support from Romney who needs to be able to stand up one-on-one against McCain because he, unlike McCain, represents true conservative based qualitiative change against the status quo. Whether the Democrats nominate Hillary Clinton or Barack Obama, there candidate will represent the liberal status quo that is determined to expand the growth of the bureaucratic welfare state. John McCain will not shake up Washington culture despite his incessant rhetoric for purportedly straight talk and his claims to be a conservative reformer. This coming Tuesday is probably the last chance for conservatives desirous or real and substantive change to support Mitt Romney as the only credible exemplar of such change. Get out and shock the establishmentarian media and even the status quo forces within the GOP by supporting Romney's campaign for transformational conservative change.