Posts Tagged ‘presidential’

And then there were two.

/eagerly awaits flood of angry emails from Ron Paul supporters. 

Rick Santorum dropped out of the presidential race today, presumably because he needs all the time he can get over the next few days to prepare his own tax return. This leaves Mitt Romney as the GOP nominee, barring some sort of last-minute revelation painting him as a baby-seal clubber, Tiger Woods-grade adulterer, or Al-Qaeda sympathizer. 

With Santorum’s departure dies the dream of 12% long-term capital gains tax rates, the elimination of the “marriage tax penalty,” and a 0% tax rate for U.S. manufacturers.

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After the latest round of tax reform one-upmanship displayed by the presidential candidates — specifically President Obama revealing his plan to cut the corporate rate to 28% and Mitt Romney’s promise to chop individual rates by 20% across the board  — we can once again update our side by side comparison of the tax proposals floated by President Obama, Newt Gingrich, Mitt Romney, and Rick Santorum.

So with the caveat that these promises are subject to change every time a candidate gets tongue-tied during a debate, click here for a PDF of the comparison: 2012 Presidential Candidates – The Tax Proposals

Alternatively, below are JPEGs. Click to enlarge.

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