Former 2012 presidential candidate, US Senator, and overall pain in the a**, Mitt Romney has had an epiphany: the rich should pay higher taxes.
On the spending-cut front, only entitlement reform would make a meaningful difference, since programs such as Social Security and Medicare account for a majority of government outlays.
—
Former 2012 presidential candidate, US Senator, and overall pain in the a**, Mitt Romney has had an epiphany: the rich should pay higher taxes. Romney, who one could argue has become a soft Democrat, decided to have his own ‘Liz Cheney’ moment by voicing support for higher taxes on the rich. Yes, Mitt ‘Tax me more, Daddy’ Romney has arrived (via NYT):
Typically,Democratsinsistonhighertaxes,andRepublicansinsistonlowerspending.Butgiventhemagnitudeofournationaldebtaswellastheproximityofthecliff,botharenecessary.DOGEtookaslash-and-burnapproachtobudgetcuttingandfailedspectacularly.Europedemonstratesthatexorbitanttaxationwithoutspendingrestraintcrusheseconomicvitalityandthusspeedshowfastthecliffarrives.
Onthespending-cutfront,onlyentitlementreformwouldmakeame
