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Obama/Romney 2012: Jobs Plans

by on May 22, 2012

On November 4th, 2012, the United States will be implementing it’s direct democracy on it’s citizens by holding it’s 57th Presidential Election. Representing the Republicans will be Mitt Romney, the former governor of Massachusetts while representing the Democrats will be the current President of the United States, Barack Obama. Over the next couple of days, weeks and months; I’m going to try my best to break down the differences between these two candidates when it comes to certain issues as objectively as possible. If you see any errors or need any clarification, comment below or email me at jmkcool2002@gmail.com.

Let’s start with each candidate’s proposals of how to bring back jobs.

1.       Cut taxes for those earning less than $200,000 on capital gains (the money you make after selling stocks, real estate), dividends (the money you make every year being a shareholder of a company) and interest.

2.       Sanction China for its trading practices and manipulation of currency

3.       Create a trading bloc for countries dedicated to free enterprise

4.       Cut taxes that corporations pay by 25 percent

5.       Cut Obama’s healthcare plan, arts programs, Planned Parenthood, Amtrak, public television and radio (No, don’t take my NPR lol), reduce foreign aid

1.       Tax cuts for employers who hire new workers or raise wages

2.       Cut payroll taxes for workers and employers (the taxes that companies take off from your paycheck)

3.       Spend on new infrastructure and aid to state and local governments so they can hire teachers, firefighters, police and refurbish schools + transportation

4.       Unemployment benefits through next year

5.       Plan is paid for through higher taxes for wealthy people making more than $200,000 a year as well as spending cuts

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From → Election 2012

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