In just another example of Romney being the candidate of, for and by the 1% – America’s CEO’s are speaking loud and clear. An 80% majority in donations says everything you need to know. And it’s clear why. Romney would cut their taxes allowing them to make ever greater millions and he’ll cut services that are vital to the middle class. There is no longer a what’s good for them is good for us mentality … literally – every $ in tax cuts for the rich is a $ that is going to hurt the middle class.
When President Bush cut taxes … it was widely regarded to be highly irresponsible at the time. We had record surpluses and were on track to pay of the national deficit by 2010. We were on a roll. But Bush ran on tax cuts and won. But we had a surplus at the time and even though it was financially irresponsible … Romney’s position for further tax cuts for the rich makes President Bush look like the most responsible steward of the people’s finances in history. It’s just that bad.
And the choice is very simple. Under Obama – the tax rates for the rich go up and we don’t cut important programs like Medicare, Pell Grants, etc. Period – end of story. Obama wants a MINIMUM 30% tax rate for millionaires; Romney paid 13.9% in 2010 without any of his corporate tax havens … who do you think the 1% is donating to?
Under Romney – the tax rates for the rich go down and services get cut. Yes – it’s that simple.
And I continue to be amazed at those who do not see what’s happening here. It’s either US or THEM. Us is anyone making $500k a year or less. Them is anyone making more than $500k or so ish with some wiggle room. I mean you could argue 250k or you could argue $1 million. But the point here is … a person making $100k a year is a lot closer to a person making $50k than they are a person making $1 million. It’s us. Versus them. Choose wisely.
NBC News has the story HERE:
The presumptive Republican nominee’s presidential campaign has received almost $322,000 in direct donations from the CEOs of the companies listed on the annual “Fortune 500” list of the biggest U.S. companies.
By comparison, the Obama campaign has raked in $75,500 in contributions this election cycle from CEOs of the companies included on the list, according to records through the second quarter of 2012 on file with the Federal Election Commission.
Federal records indicate that 147 CEOs have made some level of contribution directly to either the Obama or Romney campaign. Eighteen of those individuals contributed to Obama; 129 gave to the Romney campaign. Many of the CEOs – though not all of them – donated the maximum $5,000 to their candidate of choice, hewing to laws limiting contributions to $2,500 each for the primary and general election campaigns.
And these CEO’s are even being shy. They’re donating money via their corporation via 3rd party groups to keep their name out of the press (source).
Morgan Stanley held a fundraiser for Romney at their Corporate HQ (source).
Over 90% of the SuperPAC money is going to conservatives. That’s significant because we don’t know who it’s coming from but we know it’s coming from very wealthy people (source)
Finally – if you’re interested – you should read “President Obama is not owned by Wall Street”
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