Romney was not a good governor, so why would he be a good president?

The Romney Fiscal Record: the 800 lb gorilla in the room that everyone ignores

Written By : Steve Baldwin

The reality is that Romney’s tenure as governor of Massachusetts was an economic disaster for the state. The biggest myth of all, perhaps, is that he didn’t raise taxes. The reality, however, is that Governor Romney passed a host of new tax and fee increases, hitting the corporate world hard and devastating job creation. As Peter Nicholas, chairman of Boston Science Corporation, stated, “tax rates on many corporations almost doubled because of legislation supported by Romney.”

The Cato Institute reported that in his first year as Governor, Romney “proposed $140 [million] in business tax hikes through the closing of ‘loopholes’ in the tax code.” But what Romney labeled as “closing loopholes” actually resulted in the doubling of tax rates for certain businesses. As Nicholas explains, “Romney’s tax policies were not helpful for many small businesses…when Romney took many IRS subchapter S businesses in Massachusetts and almost doubled their tax rates, it was an important disincentive to investment, growth and job creation.” As Joseph Crosby of the Council on State Taxation wrote, “Romney went further than any other governor in trying to wring money out of corporations.”

Romney also raised taxes on business again in 2004 and 2005, for a grand total of $309 million levied upon the corporate sector. He then signed a bill to allow local governments to increase taxes on business property, tried to raise taxes on hotels (but was stopped by the Democrat legislature!), joined a coalition lobbying congress to tax internet activity, and supported a tax on out-of- state commuters.

Nor did Romney fight the passage of higher rates on death taxes; indeed, when this issue came up in the legislature, his official position was “no position.” Now, there’s a profile in courage. Moreover, Governor Romney raised gas taxes two cents a gallon and also supported a federal gas tax hike. He also proposed an excise tax on SUVs and a new sales tax on all used cars.

Indeed, Romney failed to reduce any of the myriad taxes Massachusetts imposes on its citizens, even though the previous two Republican governors, William Weld and Paul Cellucci, were both able to reduce tax rates. As Governor Cellucci confirmed, Romney “did not have any broad-based tax cuts in his four years as Governor.” Indeed, while Romney raised over a hundred different fees and taxes, the two previous Republican governors signed more than 40 tax reduction bills, even though Democrats controlled the legislature.

Contrary to the Romney spin machine, he didn’t “turn a $3 billion dollar deficit into a nearly $1 billion surplus.” Rather, the deficit was $1.3 billion according to Factcheck.org, and he balanced the budget with mostly tax and fee increases with very few spending cuts. As documented by the Massachusetts Taxpayer Foundation, Romney “proposed four budgets while in office…each budget increased spending over the previous year.” As Club for Growth echoed, Romney’s last budget “was a whopping 10.12% larger than the preceding fiscal year.” Out of the 25 freshmen Republican Governors rated by the Cato Institute on fiscal issues, Romney had the 2nd worst score.

Indeed, Carla Howell, president of the Massachusetts-based Center for Small Government, is blunt about Romney’s fiscal record: “Romney claims to have cut the Massachusetts budget by ‘2 billion.’ Sometimes he claims he cut it ‘3 billion’….but these cuts were merely budget games….not only did Mitt Romney refuse to cut the overall Massachusetts budget, he expanded it. Dramatically….Romney initiated massive new spending –without any prodding.”

Romney often boasts about how he left a budget surplus at the end of his term, but this is also a myth. The Massachusetts Taxpayer Foundation and the conservative Massachusetts think tank, the Beacon Hill Institute, both challenge the notion of a Romney budget surplus. In fact, Romney left a billion dollar deficit for his successor.

More (if your heart can take it): The Romney Fiscal Record: the 800 lb gorilla in the room that everyone ignores | Right Wing News

Romney "Whenever someone has Huge Wealth.....there is always a Crime"
 
Lakota spends about 17 hours/day on this forum hoping to swing the election from this nether-region of the internet. ( check out that epic post total in one year:rock::rock:....gonna put Truthmatters to shame).

Anyway...........this must be the gay thread of the week. Last week, it was "Romney is Bald!!".........the week before, "Romney only orders Vanilla Ice Cream on the campaign trail!"


I'll say this..........gotta respect the level of committment from these feminist bulldogs:D
 
Governor Romney Approval Ratings: Started at 66%; ended at 34%.

Romney Ended Governorship with 34% Approval Rating | Veracity Stew

Governor Romney Approval Ratings: Started at 66%; ended at 34%.

Romney As Governor: 800 Vetoes And One Big Deal : NPR

Governor Romney Approval Ratings: Started at 66%; ended at 39%.

Governorship of Mitt Romney - Wikipedia, the free encyclopedia

Romney ended his term as governor with an approval rating of between 34 percent and 39 percent, and turned his attention to a failed 2008 run for the Republican presidential nominee.

Obama camp attacks Romney record in Massachusetts | Reuters

Indeed, Massachusetts is not in play. All recent public polls show President Obama with a double-digit lead over Romney, who ended his governorship in 2007 with a 34 percent approval rating.

Mitt Romney finds Massachusetts his millstone — Politics — Bangor Daily News — BDN Maine
 
You wingnuts can't hide Governor Romney's crappy record. He may have started his governorship with an approval rating of 66%, but most reports say he ended it with an approval rating of 34% - some say 39%. It was soooo bad that he never attempted to run for a second term.

Romney was a BAD governor - and even HE isn't campaigning on his record as governor.

The Romney Fiscal Record: the 800 lb gorilla in the room that everyone ignores | Right Wing News

NOTE: Right Wing News is a Conservative website.
 
You wingnuts can't hide Governor Romney's crappy record. He may have started his governorship with an approval rating of 66%, but most reports say he ended it with an approval rating of 34% - some say 39%. It was soooo bad that he never attempted to run for a second term.

Romney was a BAD governor - and even HE isn't campaigning on his record as governor.

The Romney Fiscal Record: the 800 lb gorilla in the room that everyone ignores | Right Wing News

NOTE: Right Wing News is a Conservative website.

What? Did you think your thread would change their minds?
 
You wingnuts can't hide Governor Romney's crappy record. He may have started his governorship with an approval rating of 66%, but most reports say he ended it with an approval rating of 34% - some say 39%. It was soooo bad that he never attempted to run for a second term.



You've got that backwards, but then you don't know what the hell you are talking about and probably couldn't find New England on a map, let alone Massachusetts.
 
You wingnuts can't hide Governor Romney's crappy record. He may have started his governorship with an approval rating of 66%, but most reports say he ended it with an approval rating of 34% - some say 39%. It was soooo bad that he never attempted to run for a second term.



You've got that backwards, but then you don't know what the hell you are talking about and probably couldn't find New England on a map, let alone Massachusetts.

Yeah, and I bet you have credible facts to back that up...?
 
You wingnuts can't hide Governor Romney's crappy record. He may have started his governorship with an approval rating of 66%, but most reports say he ended it with an approval rating of 34% - some say 39%. It was soooo bad that he never attempted to run for a second term.



You've got that backwards, but then you don't know what the hell you are talking about and probably couldn't find New England on a map, let alone Massachusetts.

Yeah, and I bet you have credible facts to back that up...?


If you had lived in Massachusetts during his term as governor (and if you weren't an idiot) you wouldn't need it explained to you.
 
You've got that backwards, but then you don't know what the hell you are talking about and probably couldn't find New England on a map, let alone Massachusetts.

Yeah, and I bet you have credible facts to back that up...?


If you had lived in Massachusetts during his term as governor (and if you weren't an idiot) you wouldn't need it explained to you.

Sooo, all the sources saying Romney was a lousy governor are wrong? At least Governor Romney's Romneycare laid the groundwork for Obamacare. I give him credit for that...
 
I don't see anything in Romney's past that qualifies him to be president - neither in his poor record as governor nor his record as a vulture capitalist.

66% approval rating is a bad Governor?

What a peckerhead....

It's amazing how many Guys like The Warrior......are confused by numbers..


Sorry Warrior,hate to dissappoint but Romney will prove to be just another wannabee Dickhead.steve
 

Forum List

Back
Top