Mitt Romney Jobs Plan - Tax Cuts For Rich

2012 Republican presidential candidate Mitt Romney revealed his revolutionary jobs plan - more tax cuts that primarily benefit the rich. The Young Turks host Cenk Uygur breaks it down.

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[DillonDee1]

Mitt Romney is a KOCH WHORE!

[poindexterwitkowsky]

;;`~*^~:~:~Buying companies, breaking them up, selling the pieces and laying off workers...That's how Mitt Romney made his millions......................­......... He's astonished that anyone would criticize him for his success. How successful you have been at DESTRUCTIVE CAPITALISM doesn't make you qualified to be president MR. ROMNEY.

[phanor]

aww man that video is funny

[megarational]

@batmanmob The rich are responsible for all the jobs? Well you should tell that to the rich that during the depression were so busy laying people off and cutting jobs they couldn't do any job creation.

Nothing gives a business confidence like a fat order book, and if the middle & lower class are starved of purchasing power because the wealth is all going to the top, more are unemployed, & wages are stagnating - there are fewer orders for their products.

[megarational]

@batmanmob The problem with the trickle down effect is that we haven't given the wealthy enough money yet so it hasn't had a chance to trickle down yet :- I know that the top 1% is wealthier than they have ever been & the mid class is dying slowly but we need to give the rich still more tax cuts so the money can overflow down to the average person!...its math people.

We give the wealthy all of our money then they will hire us all back as gardeners and maids...its almost too easy!

[megarational]

@WillThatAcoustic Something else to bear in mind. When Republicans start pushing the old "tax cuts pay for themselves" lie, it's always their way of trying for more tax cuts for the rich.

[megarational]

@WillThatAcoustic David Stockman, Republican senator (’77- ’83), & director of the Office of Management and Budget under the Regan administration.

interview Nov 10, CNN’s Parker Spitzer:

Question: “Should congress extend the Bush tax cuts?”

Stockman: “I think we can’t afford them, pure and simple. They shouldn’t have been enacted in 2001 & 2003. It’s $3 trillion over a decade of money we desperately need…we have to level with the public.”

[megarational]

@WillThatAcousticAlan Greenspan:

"I am very much in favor of tax cuts, but not with borrowed money. The problem we have gotten into in recent years is spending programs with borrowed money, and tax cuts with borrowed money and at the end of the day that proves disasterous."

Interviewer:

"So you do not agree with Republican leaders who say tax cuts pay for themselves?"

Greenspan: "No I do not."

[megarational]

@WillThatAcoustic That's the big Republican con game - that you can get something for nothing, that everyone's taxes can be lowered and still pay off the deficit. You know the old saying, "if something seems to be too good to be true - it probably is".

[megarational]

@WillThatAcoustic Eveyone, Dems & Rep's, want lower taxes. However when the nation has to borrow money to give tax cuts, (as Bush did for his tax cuts for the rich), it is 100% simply a stimulus program - something Republicans say they oppose.

[megarational]

@WillThatAcoustic On the one hand, the GOP keep pushing the bullshit that tax cuts pay for themselves.

However, while Obama has been fighting for the payroll tax cut extension the Republicans have been fighting it on the grounds that spending cuts must be implemented to pay for those tax cuts.

Question: If tax cuts pay for themselves, why were the Republicans saying that spending cuts were necessary to pay for the payroll tax cuts????"?????"?