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Romney Says Obama’s Tax Cut Compromise Is Self-Serving

December 21, 2010 by  

Romney says Obama's tax cut compromise is self-servingAnother possible GOP presidential candidate has slammed the tax cut compromise between President Barack Obama and Republican leaders.

In an op-ed in the Dec. 14 edition of USA Today, former Massachusetts Governor Mitt Romney said that the tax package is a short-term solution for a long-term problem. He accused Obama of making the deal with GOP leaders in an attempt to deliver economic stimulus before the 2012 elections, but the timeline fails to "deliver its full potential for creating lasting growth."

Romney's editorial came a week after former Alaska Governor Sarah Palin voiced her opposition of the tax package. Aside from Romney and Palin, Senator John Thune (R-S.D.), former Arkansas Governor Mike Huckabee and business tycoon Donald Trump are also rumored to run against Obama in 2012.

According to a Wall Street Journal/NBC News poll, Americans favor Obama over the current crop of possible candidates. He leads Romney by seven percentage points, Thune by 20 points and Palin by 22 points. The margin was much closer when no specific candidate was mentioned, as 42 percent of respondents said that they would vote for Obama, compared to 39 percent who said they would back a Republican.

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  • Mick

    According to a Wall Street Journal/NBC News poll, Americans favor Obama over the current crop of possible candidates. He leads Romney by seven percentage points, Thune by 20 points and Palin by 22 points. The margin was much closer when no specific candidate was mentioned, as 42 percent of respondents said that they would vote for Obama, compared to 39 percent who said they would back a Republican.

    ****************************************************
    If this poll is correct the old saying “live and learn” doesn’t apply to a big chunk of the American society, so much for education….

    • Teresa

      And the day we start listening to WSJ/NBC polls should be self explainatory.

    • eddie47d

      Maybe your constant attacks on Obama are backfiring. You cry wolf all the time and often so maybe those pesky little lies,half-truths and distortions aren’t being bought by the “other” American people.

      • Dan az

        eddie
        Based on strikingly irrational beliefs and emotions, modern liberals relentlessly undermine the most important principles on which our freedoms were founded,” says Rossiter. “Like spoiled, angry children, they rebel against the normal responsibilities of adulthood and demand that a parental government meet their needs from cradle to grave.”

      • eddie47d

        Then stop acting like spoiled little children and stop the distortions. Rather upfront and simple…stop the anti-liberal temper tantrums.

    • Carole Howell

      Romney may be right, it may be self serving.

      But what has he to say about the Republican filibuster going on right now to block our 9/11 first responders from getting the medical care they so desperately need.

      THESE MEN ARE OUR HEROES, THEY LAID THEIR LIVES ON THE LINE TO SAVE OTHERS JUST LIKE US. SOME HAVE ALREADY DIED FROM THE ILLNESSES BREATHING THAT AIR HAS CAUSED THEM.

      THIS IS JUST CRIMINAL AND INSANE AND SHOULD NOT BE TOLERATED BY THE REST OF US.

      So do the right thing and call or fax them all and demand them to stand down. How dare they withhold medical treatment to these fine men, all of them far better than those politicians who are preventing them from getting the care they need.

      If it is a money thing, close down some base in S. America or Africa and get the money that way. This cannot be tolerated. We cannot stand by without protesting this filibuster, no excuse, it is a crime.

      • Dr Mo

        What? Are you serious? How many first responders do you know? How many of your friends died on that day? Tell me you live with the unforgettable stench of dust, fuel and burning electrical wire that came from downtown every time you go to work in the morning?

  • Doc Sarvis

    Romney is just following suit. They (Romney, Palin, Thune, and Huckabee)are commenting on a high level story just to keep their names in people’s heads.
    It is easy from the outside to be a critic when you are not the one who has the job of making government work as the president does along with congress.

    • Bus

      So when will he start?

    • ValDM

      Romney should sit this one out. You can’t believe anything he says. He’s the reason for Obamacare. He was the governor who instituted the Mass. healthcare nightmare which was the model for Obamacare. Now Mass. citizens pay 25% more across the board for ALL healthcare services.

    • Claire

      Romney is an idiot. He will benefit from the tax cuts too.

  • TIME

    Can you hear that sound????
    Anyone can you hear that sound?????
    I mean really can you all hear that sound??????????????????

    Hellooooooooooooooooo ***** If you have any gray matter left, its obvious that its a 100% self serving act on Barrys part………. Whats even worse is that many also fail to grasp its also self serving to the RINO’S as well……….

    Please wake up people its not about DemO V RebO. Its about CONTROL and POWER over your life!!!!!!!!!!!!!!!
    Take the bloody blinders off will you all…

    But wait~~~~~~~~~~~~~~~~~~~ Oh yea I forgot you have have to be able to use that gray matter now don’t you??????????

    This bill should have been let go and then worked on in 2011 in the 112th house not the 111th house.
    The RINOS gave away the store, so Barry knew he had a dam good deal and yet set up by his alledged Foes. PLEASE WAKE UP!!!!!!!!!!!

    “”The Mind is like a Parachute, it has to be OPEN to WORK.””…..

    • CL38

      Oh please! I was against passing extended tax cuts for the wealthy. But it’s the greedy, self-serving right who refuse to think or or care about what they’re doing and why. They’ve consistently done the wrong things for the wrong reasons–greed, votes and policies that take care of the rich only, and their goal to do ANYTHING to try to discredit and bring down Obama. Never mind how that affects people across the country. They DON’T CARE. It’s all about doing anything they ‘think’ (in their misguided obsession) will position them to regain power in 2012.

      I will never vote Republican.

      • 45caliber

        You should check to see how much tax the rich Dems pay. If anything it is less than the rich Repubs pay … and there are more rich Dems. Ever wonder why that is?

        • Doc Sarvis

          I would love to see proof of your statement. Please give me a credible source.

          • TIME

            Charlie Rangel 17 years of not paying tax’s, and a net worth of how many millions again?

            Oh how about Mrs Kennedy? She has paid her Illegals in cash and never claimed them as workers, nor paid tax’s on the CASH paid out…..

          • Claire

            Tax cuts for the wealthy? Why? They put their money in Swiss bank accounts and in other foreign banks. They aren’t going to create jobs. I am amazed at what the companies/corporations “write off” to avoid taxes.
            I think taxes should be determined upon what a person earns.
            BTW, anyone hear about Arizona suing the Bank of America for their shenanigans regarding foreclosures?

      • http://?? Joe H.

        CL38,
        The republicans don’t have to try to make Nobummer look bad or to discredit him. He does that all by himself!!! We have about 30 million illegals in this country and an unemployment rate of 9.8% officially and more than likely 20% if the truth be known! Get rid of that 30 million and see what it does to that rate!!

  • Norman Taber

    Hello,
    The $52 billion to the rich was usless, because the analyst all recommend that one should invest outside the U.S. This is not a positive stimulus, but an increased of jobs sent abroad. The compromise protected both the parties, but the Republican Party the most. The freedom parties have no knowledge of how to compromise to protect the economy. Only, cut spending, even for the unemployed. This is going to cause another vote for the no nothings that could cause a further collapse of the economy. Because the poor will not be able to purchase basic needed goods, the large market organizations will have low incomes. Both parties could not waite for the new alignment in Congress that will freeze attempts to improve the economy. Che courts being conservative will not inforce laws to protect the investors. We have a lose-lose situation coming.

    • Dan az

      Norman
      If there were 208,000 jobs created a month (that’s the average monthly rate for the best year of job creation this decade, according to Brookings), it would take 11.5 years to reach the pre-recession employment levels. If 321,000 jobs were created each month (the average monthly rate for the best year of job creation in the 1990s), it would still take almost five years.

      These aren’t even necessarily good jobs. These are any jobs — flipping burgers, bagging groceries, greeting Walmart shoppers

    • 45caliber

      Norm:

      The tax “cuts” mean nothing in the long run. The spending FAR outstrips the small loss of tax money here – even if you include that going to the rich.

      Some years ago I saw an economic report that stated that when the highest tax rate went above 39% the amount of taxes collected dropped. It seems that when it goes higher, those who normally pay most of the tax (the middle class) suddenly can afford to pay accountants to find the loopholes so they pay less tax. (The rich already do that. In fact, most rich people pay less than I do.) The cost of the accountants was less that the tax they could save.

      When the tax rate is below 39% the cost of accountants generally balance or is more than the tax they can save you, to the amount of taxes collected go up.

      So don’t start talking about raising taxes on the rich. They have the loopholes. All it means is that the middle class pays more … until such a time as they pay too much and find those loopholes.

      • Dan Burke

        I read a book by a “rich man” and he confessed that it wasn’t really so much a loophole as HOW the money is earned. The tax code is designed to punish those of us who work in the traditional manner to earn our wages, whether as employees or small business. This helps explain why some of the rich dems are all for taxing the rich more. They know all too well that this won’t touch their income. Instead it will only widen the gap between the rich and the poor preventing those of us like me from ever breaking out from the poor and becoming a potential threat to their wealth and power….

  • Norm

    Every body lost on the “compromise”.
    The federal deficit keeps rising and rising and the last thing we need are tax cut (extensions) and free handouts for everybody.
    We need to make some hard choices and get the huge debt on a downward slope. The American spirit and willingness to sacrifice that made us a great country has become corrupted by greed, arrogance, and ignorance.

    • 45caliber

      Raising taxes isn’t the solution either. You can’t raise taxes high enough to cover the present spending, not counting any new spending. It MUST be done by cutting expenses … and most of those expenses at the moment are simply vote buying by both parties. That is the same problem as with California and several other states. They simply have too much spending to buy votes – and the states are now going under. Their sole hope of paying off? Fed money – while the Feds are in even worse shape. But why should my tax money from here in Texas go to California to pay off their debts so the politicians there can continue to buy votes?

      • Dan az

        45
        just this spending alone is killing us.
        Luxury travel is a common federal expenditure: $465,000 to send people to an AIDS conference in Vienna; $177,746 to send Massachusetts teachers to China to study the Chinese education system; $50,000 to send about a dozen mayors to Stockholm for an environmental conference; $100,000 to send curators to a architecture exhibition in Venice.

        Mismanagement? How about $1.5 billion in extra costs for the Joint Strike Fighter? In 2001, the government planned to purchase 2,800 new jets for $231 billion; now the projected costs are $323 billion for 2,400 planes, because of exorbitant cost overruns.

        And, of course, simple waste: $44 million for a National Drug Intelligence Center that duplicates the work done by other facilities; $47.6 million for an Atlanta streetcar line that covers a route already served by a subway; $4.2 million for overlapping shuttlebus routes between federal agencies in Washington, D.C.; $150,045 to refurbish another “Bridge to Nowhere,” a New Hampshire covered bridge that does not connect to any roads.

  • J.M.R.

    we just got burned with the election of scott brown from mass.he said i won’t be the 60th vote but he’s voted with the libs more than the conservatives, and don’t forget romney had health care im mass that is a flop, he won’t get my vote if he runs.

  • Howard Roark

    Remember when the blind New York Gov. signed into effect a new tax bill to tax the wealthy. the unintended consequence was that the rich left the state and went to states like Florida and Nevada where there are no state income taxes. New York instead of bringing in millions of dollars lost millions of dollars.

    Awhile back Donald Trumph was interviewed and said that the rich (if hit with a heavy National income tax) could very well take their money and leave the country. Mr. Trumph said “I know these people (the rich) and whether they live here or in Switzerland makes no difference to them.” The interviewer said but you haven’t left Mr Trumph to which Mr Trumph replied “NOT YET”.

  • CL38

    So Romney is against tax cuts to the rich? No….I don’t think so. I live in MA where he ran with independent positions, but he was nothing more than a hypocrite; then he changed almost all of the positions he’s held through the years, so he could run for the GOP Presidency. He has absolutely no integrity. He’s not someone to be trusted.

    • 45caliber

      I agree with you. As far as I’m concerned he’s a Dem under another name … just like McCain.

      • Claire

        45caliber—And I agree.

  • smithington

    If this country is not totally destroyed by Obama in his first term, it is guaranteed to be destroyed if he is re-elected.

  • Munday/TX

    So where has he been while all the mud was going around. Where were his comments on Obama Care and immigration. Far as I am concerned he can go back to his safe little corner. We need people that move and stand up for what we believe in.

  • eddie47d

    The wealthy have hood winked up long enough in their threats to leave America. As Trump said “we don’t Care” and can live somewhere else. Let them go live their lives on some Caribbean Island and then take away their citizenship. They have all become little dictators in controlling our lives and the governments too. Enough is enough and they will keep doing it. Don Blankenship of Massey Energy has made a fortune even with 500 safety violations in just 2009. He took home $34 million in 2005 which is 4 times the industrial average. In 2007-09 another $38.2 million.He will retire soon on a $5.7 million pension,plus $27.2 in deferred pay,plus $12 million in severance,plus ownership of company owned house. (energy bills are high because of what again?) Maybe you prefer David Tepper, CEO and Hedge Fund manager. His 2009 salary was over $4 billion and just bought a home in the Hamptons for $43.5 million. Who allowed these pirates to gouge America like they have? We have a financial problem in America? Well not according to our “better” citizens who seem to be doing more than just fine thank you. How about Dave Cote CEO of Honeywell. Now he only made $13.2 million in 2009 but a whopping $28.7 million in 2008. He suggested that all employees give up their health care benefits because there is not enough money. He backed down so maybe he had a tiny bit of a conscience after making so much for himself. None of these figures reflect year end bonuses which will come out next week. Can’t forget those bonuses in a down economy!! Imagine what they will get in an up economy.

    • Dan az

      eddie
      His 2009 salary was over $4 billion and just bought a home in the Hamptons for $43.5 million. Who allowed these pirates to gouge America like they have?
      Let me guess was oboma in charge? oh yes he was, and the stimulus package that he sent to wall street by big bro sorass to help out the poor man just might have been what made these guys so rich.Oh buy the way you finally gave a few facts thanks for that!

      • eddie47d

        I don’t think any of those wealthy types were trying to help out the poor or even the middle class for that matter.

        • Dan az

          eddie
          look at some of the government waste and I mean some and these wages dont look to big.
          Luxury travel is a common federal expenditure: $465,000 to send people to an AIDS conference in Vienna; $177,746 to send Massachusetts teachers to China to study the Chinese education system; $50,000 to send about a dozen mayors to Stockholm for an environmental conference; $100,000 to send curators to a architecture exhibition in Venice.

          Mismanagement? How about $1.5 billion in extra costs for the Joint Strike Fighter? In 2001, the government planned to purchase 2,800 new jets for $231 billion; now the projected costs are $323 billion for 2,400 planes, because of exorbitant cost overruns.

          And, of course, simple waste: $44 million for a National Drug Intelligence Center that duplicates the work done by other facilities; $47.6 million for an Atlanta streetcar line that covers a route already served by a subway; $4.2 million for overlapping shuttlebus routes between federal agencies in Washington, D.C.; $150,045 to refurbish another “Bridge to Nowhere,” a New Hampshire covered bridge that does not connect to any roads.

          • eddie47d

            That’s our capitalist system in action and working “for” you. Those private contractors have their hands in the government till every time. They lowball the costs to get the contracts then in order to complete the projects they jack up the prices. Blackmail anyone…and you want private enterprise to run our country. Washington should be renamed gougeville.

  • http://www.frank1737@msn.com Frank

    NBC News is extremely liberal and biased! If you want to conduct and honest doen to earth poll go to FOX NEWS!!

  • http://www.frank1737@msn.com Frank

    NBC News is extremely liberal and biased! If you want to conduct and honest down to earth poll go to FOX NEWS!!

    • Scoot

      If by “down to earth” you mean biased questions and ignorant respondents then I agree.

  • barbm

    i was for compromise. why not lower the income some? how many of us on here make $1 million yearly? not many i bet. the republican party is not made up of the same old millionaires’ club it was. apparently, they still don’t hear us.

  • 45caliber

    Of course it is. Why should Romney get a headline for saying so when many others here have been saying that for days and weeks now?

  • ONTIME

    Well if you think Boehener and his public displays of manly crying are a bit wierd, then the idea that the Republicans had to concede in any way to the Shill in the White House is even more strange. All it did for me was confirm that the RINO’s and the Libs are still in cahoots and tha both the congrsss and the White House are still in need of a good political enema. God knows the American taxpayer and voter did not come out on the winning end of this scam sham, we do not control our government, yet. I can assure you the temperment of the citizens as indepenedents, real republicans and conservatives these catagories are at the point of boiling, many changes are going to have to be made in order to wrest the control of government away from those who seem to think they are the government and the power belongs to them alone, all others keep your mouth shut.

    There is a lot of work yet to do, if you want change and decent representation, then get off your duffs and pitch in. That does not mean riots or public abuse, it means removing the activist from the courts, the politicians who are lacking and decertifying government unions, the polluters of a decent law and enforcement that goes with it. The commonsense needed has to be restored and the idea that elected officials need to be career politicians needs to change, hard work and remembering your American heritage will help.

    MERRY CHRISTMAS AND A BETTER NEW YEAR…..

  • Dan az

    For those of you who didnt hear today obumer is going to sign away our first amendment rights to the fcc.It seems that he cant go through normal channels so he is using the back door again.This time the FCC can take us off the air by way of law?Rather than trying to change the constitution,sort of like the powers of the EPA now!

  • Palin12

    The reason Obummer continued the tax breaks for “the rich” is because in 2 years he will be a very wealthy ex-president on the speaking tour, just like Slick Willie. Think how much money he’ll save himself!

  • smokincol

    Romney is as much of a liberal as obama, biden and the rest. Romney is the truest example of a RINO as anyone in public eye, who calls himself a republican. I wonder how can a virtual unknown such as obama come out of nowhere and achieve election to the office he now holds? Can the same thing happen to the Tea Party, if it were designated as a political party, who knows? It really is a shame to see the way the republican party chooses their candidate…by length of time in the party and not by qualifications, ie: bob dole and this idiot mccain. I could never vote for romney but what will happen, just like 1994 when the republicans swept congress with newt and the boys thought up the Contract With America, the major media will paint him as a centrist and he will skate to an easy second term. I’m sick of them all and don’t even mention trusting them…never happen.

  • FD

    First off, they need to quit asking all these people from the left, d those living on welfare and handouts and start asking the ‘real’ average American these questions.
    For those of you who think OBummer is doing such a good job, what happens when everyone that works and pays taxes decides enough is enough and quit working and also go on welfare? Where will the money come from then?
    Why is it the honest hardworking American has to support all these layabouts? They can afford drugs, cigarettes, alcohol, etc. but they can’t afford food? Make them get off their dead asses and work for what they get, be it sweeping sidewalks, cleaning bird poop off statues, etc. Why shouldn’t they have to take a drug test to get their checks?
    You leftists are the ones who live with closed eyes. It has been proven time and again Socialism and communism DON’T WORK.
    When we were a prosporous and thriving country, it WAS because of consevative policies that got us there; not democrat leftist ideals.

  • http://facebook Baby

    Romney is Right!..and the Right jumped right in it with both feet!! @FD..You are right also!..This whole thing is a bunch of BS! They should have voted NO till First of the year..No Matter what!

  • Earl, QUEENS, NY

    Let’s just hope and pray that the GOP will pick a better nominee for 2012 than this Repubi-crat Romney. Despite any good (conservative) act he may put on as we approach 2012, just look at Romney’s record in Massachusetts. Of course virtually any Republican would be an improvement (even if McCain had won 2 years ago) over BHO. Unfortunately, a large % of Americans are too ignorant to think that way, and they will not vote for the lesser of 2 evils, oblivious to the fact that elections have consequences. Thus the GOP needs to act accordingly, and choose a bold outspoken Reagan/Palin – like candidate who CAN win. WAKE UP!! If BHO gets a second term, we’ll never see the repeal of the disastrous Obama-care hellcare bill, nor will we be able to reverse the rest of the damage caused by BHO and his democraps over the past 2 years.

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