We should stipulate at the outset that Romney adamantly rejects the idea that he has proposed more tax cuts for the wealthy. His plan would cut tax rates, but also eliminate tax deductions, which he says would make the plan revenue neutral. But no one has proven that his numbers add up, and the respected nonpartisan Tax Policy Center concluded that the available details on the Romney plan suggest taxes would decrease for the wealthy but rise for the middle class.
Romney has advocated repealing the Dodd-Frank financial regulation bill. As for the role of deregulation in the crisis, there certainly has been news reporting showing that the Bush administration generally took a hands- off approach to regulating financial institutions.
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
