By Justin Logan
Mitt Romney has an op-ed in today’s Wall Street Journal that Dan Drezner has aptly characterized as “Romney SMASH China!” Drezner takes Romney’s arguments on their own terms, but I’m …
What Was the Point of Romney’s China Op-Ed? is a post from Cato @ Liberty – Cato Institute Blog
In his State of the Union address, President Obama emphatically declared, “Anyone who tells you that America is in decline or that our influence has waned, doesn’t know what they’re talking about.” Obama sought to put to rest the notion that he is embracing American decline, as GOP candidates Romney, Gingrich and Santorum have accused [...]
Obama’s Neocon Moment is a post from Cato @ Liberty – Cato Institute Blog
By Michael F. Cannon
In this podcast, I discuss the flap between Mitt Romney and Rick Santorum over RomneyCare‘s effect on free riding. I also talk about how some fact checkers misfired when looking into …
Podcast: RomneyCare Free Riding and Fact Checking is a post from Cato @ Liberty – Cato Institute Blog
By Michael F. Cannon
During last night’s GOP presidential debate, Rick Santorum and Mitt Romney had a polite disagreement over Romneycare’s impact on free-ridership in Massachusetts. The short version: Santorum was right. Romney and …
Romneycare & Free Riders is a post from Cato @ Liberty – Cato Institute Blog
By Michael F. Cannon
Yuval Levin and Ramesh Ponnuru have a fantastic article on health care [subscription required] in the February 6 issue of National Review that, while not excusing RomneyCare, offers probably the best way that a compromised Mitt Romney could run against ObamaCare. If you don’t have a subscription, find a copy. ‘Romney vs. Obamacare: What the Presumptive Nominee [...]
‘Romney vs. Obamacare: What the Presumptive Nominee Should Say’ is a post from Cato @ Liberty – Cato Institute Blog
How many times should your money be taxed? One time? Two times? Three times? Four? Sounds like a ridiculous proposition, but that’s the true story of capital gains taxes in America, and it’s one that’s not being told in the continuing debate over Governor Mitt Romney’s taxes. For more than a week, the media has focused on the subject of just how much Romney pays in taxes. On Tuesday, the governor released his tax returns indicating that he paid about 15 percent in taxes last year. At first blush, that … More
Much has been made of Mitt Romney’s asserted 15 percent or so tax rate. There is both a material error and an irony to this story. The release of Romney’s tax returns for 2009 and 2010 and a preliminary assessment for 2011 shows a remarkably consistent picture. First, he makes a pretty penny, but we knew that. His income is about $20 million a year, and he consistently pays about 15 percent in federal income tax. Most of his income is either dividends or capital gains, which are each taxed … More
During a presidential debate on Thursday night, all four Republican candidates denounced pending legislation aimed at combating online piracy. Their responses came in the midst of mass congressional defections, especially among Republicans, as major websites protest the bills. The Stop Online Piracy Act (SOPA) and its Senate companion, the PROTECT IP Act (PIPA), would give the Justice Department expansive powers to shut down sites that host content infringing on American intellectual property laws. While most of the bills’ opponents acknowledge the need for IP enforcement, they argue that its powers … More
Earlier this week in New Hampshire, Republican presidential candidates touted the benefits of a Medicare premium support system — the approach to entitlement reform embraced by House Budget Chairman Paul Ryan (R-WI) and The Heritage Foundation. Ryan’s recent partnership with Sen. Ron Wyden (D-OR) helped thrust the idea of premium support back into the national spotlight. Their bipartisan framework represented a breakthrough on Capitol Hill after liberals spent much of the year making false charges about Ryan’s plan. Given the misleading information about premium support, let’s first take a moment … More
By Daniel J. Mitchell
I’m not a big fan of Mitt Romney. I hammered him the day before Christmas for being open to a value-added tax, and criticized him in previous posts for his less-than-stellar record on healthcare, his weakness on Social Security reform, his anemic list of proposed budget savings, and his reprehensible support for ethanol subsidies. But I also believe [...]
Mitt Romney and Bain Capital Were Right to Utilitize So-Called Tax Havens is a post from Cato @ Liberty – Cato Institute Blog
