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Details

Autor(en) / Beteiligte
Titel
Romney's policy positions: changing with the times
Ist Teil von
  • National journal (1975), 2011-11
Ort / Verlag
Washington: Atlantic Media, Ltd
Erscheinungsjahr
2011
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
  • The former venture capitalist's long tenure in the national political arena, beginning with his failed 1994 Senate race against Sen. Edward Kennedy, D-Mass., offers a lengthy record for voters to judge. Long term, he wants an overhaul of the tax system that would include lowering corporate rates from 35 percent to 25 percent; eliminating taxes on dividends, capital gains, and interest for anyone who earns under $200,000; and switching to a territorial tax system, which would tax only income earned within the U.S. He also wants to trim the federal workforce by 10 percent through attrition; restructure all entitlement programs; and cap spending at 20 percent of gross domestic product.\n He has also suggested allowing workers to create "add-on" investment accounts that would supplement their Social Security benefits.

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