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SENTRY JOURNAL » Uncategorized » Teeing it up: A Round at the LINKs (Romney’s “extreme positions” edition)

Teeing it up: A Round at the LINKs (Romney’s “extreme positions” edition)

August 26th, 2012 | 16 Comments

In an interview with the Associated Press on 23 Aug  President Obama said Mitt Romney has locked himself into “extreme positions” on economic and social issues and would surely impose them if elected.  He further went on to say that Romney lacks serious ideas, refuses to “own up” to the responsibilities of what it takes to be president, and deals in factually dishonest arguments that could soon haunt him in face-to-face debates.

Obama; “I can’t speak to Governor Romney’s motivations,” Obama said. “What I can say is that he has signed up for positions, extreme positions, that are very consistent with positions that a number of House Republicans have taken. And whether he actually believes in those or not, I have no doubt that he would carry forward some of the things that he’s talked about.”

So I thought in order to be an informed voter I should check out Romney’s website to see just how “extreme” his positions are in regards to his economic plan. I’m not even going to touch social issues because it’s clear where many conservatives fall on these issues as compared to liberals.  Below is what President Obama defines as extreme.

Individual Taxes:

  • Make permanent, across-the-board 20 percent cut in marginal rates
  • Maintain current tax rates on interest, dividends, and capital gains
  • Eliminate taxes for taxpayers with AGI below $200,000 on interest, dividends, and capital gains
  • Eliminate the Death Tax
  • Repeal the Alternative Minimum Tax (AMT)

Corporate Taxes:

  • Cut the corporate rate to 25 percent
  • Strengthen and make permanent the R&D tax credit
  • Switch to a territorial tax system
  • Repeal the corporate Alternative Minimum Tax (AMT)

 

Eliminate Undue Economic Burdens:

  • Repeal Obamacare
  • Repeal Dodd-Frank and replace with streamlined, modern regulatory framework
  • Amend Sarbanes-Oxley to relieve mid-size companies from onerous requirements
  • Initiate review and elimination of all Obama-era regulations that unduly burden the economy

 

Reform Environmental Regulation:

  • Ensure that environmental laws properly account for cost in regulatory process
  • Provide multi-year lead times before companies must come into compliance with onerous new environmental regulations

Adopt Structural Reforms:

  • Impose a regulatory cap of zero dollars on all federal agencies
  • Require congressional approval of all new “major” regulations
  • Reform legal liability system to prevent spurious litigation

 Opening New Markets:

  • Reinstate the president’s Trade Promotion Authority
  • Complete negotiations for the Trans-Pacific Partnership
  • Pursue new trade agreements with nations committed to free enterprise and open markets
  • Create the Reagan Economic Zone

Confronting China:

  • Increase CBP resources to prevent the illegal entry of goods into our market
  • Increase USTR resources to pursue and support litigation against unfair trade practices
  • Use unilateral and multilateral punitive measures to deter unfair Chinese practices
  • Designate China a currency manipulator and impose countervailing duties
  • Discontinue U.S. government procurement from China until China commits to GPA

Free Enterprise:

  • Appoint to the NLRB experienced individuals with respect for the rule of law
  • Amend NLRA to explicitly protect the right of business owners to allocate their capital as they see fit
  • Reverse executive orders issued by President Obama that tilt the playing field toward organized labor

 

Free Choice:

  • Amend NLRA to guarantee the secret ballot in every union certification election
  • Amend NLRA to guarantee that all pre-election campaigns last at least one month
  • Support states in pursuing Right-to-Work laws

Free Speech:

  • Prohibit the use for political purposes of funds automatically deducted from worker paychecks
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