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Romney breaks with GOP orthodoxy, says 'rich people like me' should pay more taxes to fix debt [FOX News]

Tesla, Inc. (TSLA)  More Company Research Source: FOX News
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Former Sen. Mitt Romney , R-Utah, says wealthy Americans should pay higher taxes in a hot-off-the-press New York Times essay. "Typically, Democrats insist on higher taxes, and Republicans insist on lower spending. But given the magnitude of our national debt as well as the proximity of the cliff, both are necessary," Romney wrote , published Friday. "DOGE took a slash-and-burn approach to budget cutting and failed spectacularly. Europe demonstrates that exorbitant taxes without spending restraint crushes economic vitality and thus speeds how fast the cliff arrives," he wrote. Romney said that when it comes to cutting spending, "only entitlement reform would make a meaningful difference," and then argued that taxing the rich is the other part of the answer as the country is headed toward a fiscal "cliff." "And on the tax front , it's time for rich people like me to pay more," Romney wrote. "Our roughly 17 percent average tariff rate helps the revenue math. Doubling it — which [Read more]
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Stockreport

Romney breaks with GOP orthodoxy, says 'rich people like me' should pay more taxes to fix debt [FOX News]

Tesla, Inc.  (TSLA) 
More Company Research Source: FOX News
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Former Sen. Mitt Romney , R-Utah, says wealthy Americans should pay higher taxes in a hot-off-the-press New York Times essay. "Typically, Democrats insist on higher taxes, and Republicans insist on lower spending. But given the magnitude of our national debt as well as the proximity of the cliff, both are necessary," Romney wrote , published Friday. "DOGE took a slash-and-burn approach to budget cutting and failed spectacularly. Europe demonstrates that exorbitant taxes without spending restraint crushes economic vitality and thus speeds how fast the cliff arrives," he wrote. Romney said that when it comes to cutting spending, "only entitlement reform would make a meaningful difference," and then argued that taxing the rich is the other part of the answer as the country is headed toward a fiscal "cliff." "And on the tax front , it's time for rich people like me to pay more," Romney wrote. "Our roughly 17 percent average tariff rate helps the revenue math. Doubling it — which [Read more]
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