2012 ELECTION

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Mitt's campaign banner on his site reads "We have a moral responsibility to not spend more than we take in." If he backs that up by spending less, not taking in more, I'm good with it.

In theory, that's great but I haven't been able to find much positive analyses about his tax plans.

http://www.businessweek.com/news/2012-01...-says.html

Back in November, Romney said he would cut $500 billion in federal spending but I'm still not clear on the specifics in that regard.

Simpson Bowles. I don't think we're going to be able to reduce the deficit significantly without painful cuts (in entitlement and defense spending) and some tax increases and closures of loopholes.

I don't think further cuts in income taxes are going to magically stimulate the economy. We can all see how well we're doing under the Bush tax cuts.

The 47% who don't pay any taxes should pay something.