Don't Tax the Job Creators: Romney
As the U.S. economy struggles to engineer a meaningful recovery, Mitt Romney told CNBC on Monday that we can't afford to tax job creators including small business.
"Look, the American people ought to choose the course for the future. If they want to raise taxes on business creators and cause a further slowdown, why they can vote for President Obama," Romney said on CNBC's "The Kudlow Report." The interview — also spanning guns and trade — is scheduled to air at 7 p.m. ET.
"But if they want to see this economy roaring back with good jobs, they ought to vote for me in my view, and we ought to give whichever president is going to be elected at least six months or a year to get those policies in place," the Republican presidential candidate said.
Romney has called for keeping current tax rates on personal income, interest, dividends and capital gains; pursuing a conservative overhaul of the tax system that includes lower, flatter rates on a broader base; and repealing the Dodd-Frank Wall Street Reform and Consumer Protection Act and replacing it with a streamlined, modern regulatory framework, according to City News Service. These strategies are part of Romney's broader plan to create jobs and economic growth.