Every voter should realize that a vote for Mitt Romney is a vote for a very different America. The Romney/Ryan plan will totally change America from the land of equal opportunity to a land of haves and have nots. Romney’s tax cuts for the super rich will be paid for by eliminating educational funding, by eliminating health care funding for the needy, by eliminating Social Security benefits and leaving the elderly in poverty, by massive charges for Medicare resulting in the unnecessary early deaths of the elderly poor.
Romney talks about paying for tax cuts for the super-rich by limiting itemized deductions to an arbitrary maximum between $20,000 and $25,000. I think that’s ridiculous (or even an outright lie) when it comes from a man whose two most recent tax returns included nearly $7 million in itemized deductions? Can anyone really believe that Romney would limit itemized deductions and personally pay nearly $1 million more in taxes?
And the Romney plan of giving giant tax cuts to millionaires and thereby somehow producing jobs is really the exact same lie which didn’t produce jobs when George W. Bush sold the lie to America. In fact, after eight years of the Bush giveaways to millionaires, America had added only 1.1 million jobs, the lowest total in modern history. Compare that to the eight years under Clinton, with millionaires paying their fair share, when 22.7 million jobs were created. The Bush plan, now the Romney plan, was a complete failure then, and it would be a complete failure today. Why would America try it again?
And while Romney and the Republicans talk, talk, talk about the millions of jobs they could create if elected, they never tell you that their proposal includes, and Romney says he supports, a plan to give giant rewards to investors who invest overseas, a proposal that represents the ultimate loss of American jobs.
This Republican outsourcing plan would allow investors who earn profits overseas to bring those profits home to America without paying any taxes on the profits. So, if investors can choose between investing in America and creating jobs for Americans and paying taxes on the profits here in America, or they can choose to invest overseas and never pay any taxes on their profits, it seems pretty obvious they will choose to invest overseas. If this plan ever goes into effect, thanks to the Republicans and Romney, you can kiss any good jobs in America goodbye.
When you go to the polls on Nov. 6, remember, a vote for Romney is a vote for an America where the rich get richer and the vast majority of Americans get poorer.
The writer lives in Pawleys Island.