Monday, July 02, 2007
Mitt: Fatcats' Favorite
The article, which is drawn from a questionnaire focusing on taxes, health care, energy, and other issues, is worth a read for those looking to get an idea where the candidates stand on economic issues (though you need to be a subscriber to get the full version). And it's worth noting that, if you believe that what's good for wealthy investors is good for America, Mitt's your man: he wants to abolish the estate tax, thus relieving super-rich heirs of the worry that they might have to give up the beach house in St. Tropez; he favors maintaining the Bush administration's low tax rate on capital gains and dividends, and he offers a vague promise to reduce marginal income tax rates across the board.
Of the rest of the candidates, Rudy Giuliani -- who has been seeking to burnish his supply-side credentials -- scores second, while John Edwards meets with disdain for daring to suggest that nurses working overtime should not be taxed at a higher rate than millionaire hedge fund managers.
Cross-posted at The Right's Field.
Why doesn't anybody use the term "fatcat" anymore? Anyway, the fatcats over at Barron's have judged the Rs and the Ds, and declared Mitt Romney "best Republican candidate [and the best overall] for stocks, bonds and the economy" (they like Richardson best of the Democrats).
The article, which is drawn from a questionnaire focusing on taxes, health care, energy, and other issues, is worth a read for those looking to get an idea where the candidates stand on economic issues (though you need to be a subscriber to get the full version). And it's worth noting that, if you believe that what's good for wealthy investors is good for America, Mitt's your man: he wants to abolish the estate tax, thus relieving super-rich heirs of the worry that they might have to give up the beach house in St. Tropez; he favors maintaining the Bush administration's low tax rate on capital gains and dividends, and he offers a vague promise to reduce marginal income tax rates across the board.
Of the rest of the candidates, Rudy Giuliani -- who has been seeking to burnish his supply-side credentials -- scores second, while John Edwards meets with disdain for daring to suggest that nurses working overtime should not be taxed at a higher rate than millionaire hedge fund managers.
Cross-posted at The Right's Field.
Labels: Barron's, economic conservatives, Mitt Romney
¶ Posted by Paul Curtis 11:37 AM 
