Regressive & Progressive terms are relative not absolute
[QUOTE=Wild Walleye;424803]I must have missed the part where he describes the regressive nature of the potential reforms. I know Glenn, so I will give he a call and ask.[/QUOTE]I would very surprised if Romney came out with a tax program that is more progressive than the current tax system. If his tax plan is more progressive then the one we currently have then I really do not understand the tenor of his campaign. Progressive and regressive are relative terms not defining terms. They do not inform if the tax policy is good or bad. The terms just explain the relative tax burden of different income classes. I think it is fair to say that Romney's tax plan is more regressive than Obama's. The purpose is to reward the job creators to give them incentive to work harder which will improve the economy. I read "Atlas Shrugged." I get it. Wild Walleye give me some love.
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Romney embarrasses himself and the US
Romney made a great first impression on our most valuable ally, Great Britain. Questioning the readiness of the London Games? Way to step in it. Not surprisingly he got hammered in the British press, with headlines that have made him a laughing stock:
"Mitt the Twit"
"Who invited party-pooper Romney?"
"'Nowhere man' Romney loses his way with gaffe about the Games"
Some papers called him a "wazzock", which has variously been defined as "a daft know-it-all", or less flattering "a fool, esp. One who makes gross mistakes by negligence or incompetence".
What a phuck-up! Even Krauthammer agrees!