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John Cronin

Massachusetts Ballot Initiative: Abolish State Income Tax

Hat Tip To SED!

Below is listed a comment from one of our readers in Massachusetts. I understand from SED’s comment that MA. has a ballot initiative to abolish their state income tax! This coming from one of the most socially liberal states in the country. I wonder if this is the start of a trend?

I also noted that SED would like Mitt Romney to spend time in the state rebuilding it’s Republican Party if he is not picked for the VP spot. This is what I was writing about in my post “Participatory Democracy.”

It is very encouraging to hear from readers like SED and to be kept informed of the grassroots efforts in other states to steer the country back toward the conservative principles that set off the economic boom of the Reagan years.

~~John Cronin~~

SED on 05 Apr 2008 at 2:07 pm

This election cycle has the potential to be big for the mass gop. We have the abolishment of the state income tax on the ballot as well as great candidates for the US Senate. I hope that if Mitt is not chosen as McCain’s VP, he will spend some considerable time here rebuilding our party in this state. Massachusetts maybe a socially liberal state, however I believe the fiscal conservatives will have a great shot this year due to fear of an imminent recession. In one year, Mitt’s surplus is now a 1.6 billion dollar deficit under the dem’s super-majority!

John Cronin

SED, thanks for the great feed back! I was thinking about Missouri’s income tax about a month ago when I filed my taxes. Our rates have been steadily creeping up for the last few years and I was thinking we need our state politicians to start the process of getting Missourians some tax relief.

The locality where I live now has a 7.3% sales tax as well. Hats off to the citizens of Massachusetts for their income tax ballot initiative. Wow!

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Jeff Fuller

As Recession Looms, Who’s Best for Economy? Barron’s Online Say Romney

Yesterday, I reviewed how the Economy is a vital issue for both Repubs and Dems–also pointing out there is increasing concern of a looming recession and how McCain’s not quite up to snuff on this issue (even by his own admission)

But who would be best for the economy? Barron’s Online back in July said that Romney would be the best GOP candidate and McCain the worst GOP candidate for the economy (Huck’s lucky that he wasn’t included in their rankings back then). Their cover story article was called “The Mitt and Bill Show” Parts One and Two.

Some notable quotes:

Romney would be the best Republican candidate for stocks, bonds and the economy

“Based on our report card, the optimal match-up for Wall Street would be Richardson versus Romney, because both candidates favor low taxes and sound fiscal policy.”

“Romney, formerly governor of Massachusetts and once a top private-equity investor, garnered 3.8 points out of a possible 4″

“Polls show that most Americans consider estate taxes to be unjust. Nevertheless, Mitt Romney and Rudy Giuliani are the only candidates who favor total elimination. Romney told us, “I believe that it is unfair to tax income when it is earned, then again when it is saved and then again when it is passed on to one’s children and grandchildren.”

. . .

McCain’s answer was ambiguous. On one hand, he supported extending all Bush tax cuts. But then he said the estate tax should be “low, simple, predictable and unobtrusive.”

Folks, if the Economy takes a turn south we need a nominee who can make a convincing case that he can help turn it around. Only Romney can make that sale IMO (his resume is quite impressive in his education on ecomomics). As far as who I’d trust to with the Economy Romney’s first, Rudy’s a distant second, then Fred, then McCain, then Richardson, then Clinton tied with Huckabee, then Obama, then Edwards. We should keep in mind that there’s a far greater chance of a economic downturn than many other variables or possibilities that people talk about a POTUS may face.

Jeff Fuller

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