tax


Taxes

 

 

 

America's tax code is a labyrinth that imposes an enormous and unnecessary burden on our citizens and employers. Keeping taxes low and simplifying the code will grow the economy and enhance our competitiveness.

 

 

 

Quotes from Governor Mitt Romney on "Taxes"

 

Taxes

 

2006

 

 

 

 

 

 

 

 

 

2005

 

 

 

 

 

 

 

 

 

 

 

 

2004

 

 

 

 

 

 

2003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2002

 

 

 

 

Press Releases from the Romney Administration about Taxes

 

2006

 

2005

 

2004

 

2003


 

Video about Taxes

 

“Mitt Romney Record on Taxes

 

When Mitt Romney entered the Governor’s office, Massachusetts had a $3 billion deficit. By focusing on the fiscal crisis, he decided to cut programs and streamline government rather than increasing taxes. The $3 billion deficit was erased and the cuts ultimately created a $1 billion surplus.

 

“We have successfully closed the largest deficit in our state’s history without raising taxes. Not many states can make that claim, but here in Massachusetts we can be proud of what we have accomplished on behalf of our citizens. I am grateful to the Legislature for their efforts.”

Press Release, 6/30/2003

 

“The easy way to fix any problem is to go to the people and say you have to pay more money, but that's not what the job of management is. The job of management is to find ways to permanently and structurally change the costs of our structure such that we can have a balanced budget without always raising taxes every time people think there's a need."

Boston Herald, 3/22,2002

 

“I find it unbelievable to hear people in the State House talking about tax increases as an option to closing the budget gap. Raising taxes at a time of rising unemployment will hurt working families, drive companies out of Massachusetts and push our economy into an even deeper rut.”

Press Release, 4/28/2003

 

Mitt Romney wanted to cut the state income tax rate from 5.3 percent to 5 percent, which translates into an average of $100 per taxpayer. In 2000, voters approved a gradual lowering of the income tax rate, which was 5.85 percent at the time, to 5 percent. But in the depths of the state’s fiscal crisis in 2002, the Legislature froze the rate at the current 5.3 percent.

 

“Now, it’s time to take the next step. There is no longer any reason not to give the people what they voted for – a 5 percent income tax rate.”

Press Release, 10/3/2005

 

Mitt Romney signed legislation that prevents thousands of Massachusetts taxpayers from having to pay retroactive taxes on financial transactions that occurred more than three years ago. Under the new law, no additional taxes are due and affected taxpayers may disregard any retroactive bills they received.

 

“It is fundamentally unfair to tax people retroactively. If we are to keep faith with the taxpayers of Massachusetts, we need to correct the constitutional error that occurred here.”

Press Release 6/10/2005

 

“It is simply wrong to change the rules after the fact on taxpayers who sold assets in reliance on the tax code in effect at the time.”

Press Release , 11/18/2005

 

Exterior Links

 

  1. http://reason4romney.blogspot.com/search/label/Taxes