The FACTS about MITT ROMNEY
Mitt Romney is a good friend to have. If you’re rich like him, then his agenda is tailor-made to suit your interests:
13.9% He personally paid just 13.9% of his income in federal taxes in 2010.
Even
though that’s less than the federal payroll tax burden on many
families, he still thinks it’s too much and wants to cut it further.
Capital Gains Romney wants to continue big tax breaks on “capital gains” (money made from investments).
That’s the bread and butter of the rich, and he wants it taxed at a lower rate than middle-class wages and salaries.
47%
Mitt Romney has also made it clear that he isn’t interested in
almost half the country who struggle to live on modest incomes,
including military families:
“My
job is not to worry about those people (who do not earn enough to pay
income tax) – I’ll never convince them that they should take personal
responsibility
and care for their lives.” Even though most of “the 47% are low-and
middle-income working families, seniors, students or active
military personnel, Romney has made it very clear that he has no interest in them.
Cut Pell Grants
His running mate Paul Ryan’s budget, which Romney supports, would make
life harder on working families in order to pay for tax cuts for the
wealthy.
The
Ryan budget would eliminate Pell Grants entirely for one million
students over the next decade, and chop grants by more than $1.000 for
9.6 million students
in
2014 alone. These cuts would come despite the fact that college costs
have skyrocketed 596 percent over the last three decades.
Cut Head Start
Early childhood education is vital to the life chance of kids from
low-income families – and it’s also a powerful investment in our
country’s future productivity. Even so, the Ryan budget would deny 200,000 children access to Head Start in 2014, and reduce
the number of Head Start slots by two million over the next decade.
From UAW Local 974
From UAW Local 974
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