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First Read is an analysis of the day's political news, from the NBC News political unit. First Read is updated throughout the day, so check back often.

Chuck Todd, NBC Political Director

Mark Murray, NBC Deputy Political Director

Domenico Montanaro, NBC Political Researcher



Romney, Brownback in SC

Posted: Thursday, August 16, 2007 4:21 PM by Domenico Montanaro
Filed Under:

From NBC’s Andrew Merten
Romney spoke to the Greer Chamber of Commerce in South Carolina today, outlining several economic policy plans and repeating his familiar mantra of increasing the strength of American military, economy and families. He slipped in a couple of shots at McCain and Giuliani for deciding not to compete in the Ames straw poll, but he reserved most of his political punches for the top three Democratic presidential contenders. 
 
“If you listen to Hillary Clinton talk about the economy, her view is that taxes are too low – that individuals should be paying higher taxes and that corporations should be paying higher taxes,” he said, warning that an increase in corporate taxes would quickly drive companies’ operations overseas. He went on to tout his tax relief plan for the middle class, in which tax rates on savings interest, capital gains, and mutual fund dividends would be “absolutely zero.” 

Brownback also stumped in the Palmetto State, meeting with reporters at Tommy’s Ham House in Greenville. Although he took a moment to congratulate Romney on his straw poll victory last weekend, he also leveled some more criticism (albeit toned down from his Iowa robo-call and exchanges at debates) on his opponent’s abortion stance, saying, “He’s moved back and forth over the years, and on a core topic, if we’re going to lead and move the country forward toward overturning Roe versus Wade, and ending this night of wrong on abortion, I think you have to believe the topic yourself.”
 
When asked about how he compares to Huckabee, given their close straw poll finish, Brownback sought to differentiate himself from the former Arkansas governor. “We certainly appeal to a values voter base,” Brownback said, “but I’m trying to expand that also to economic conservatives.”

Brownback, who is a member of the Senate Foreign Relations Committee, then went on, continuing his stress on the importance of foreign-policy experience in the next administration.

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"He went on to tout his tax relief plan for the middle class, in which tax rates on savings interest, capital gains, and mutual fund dividends would be “absolutely zero.”  

I guess he plans to finance these tax cut's on the people who can't afford to invest at all, being the good republican he is, the poor need to quit financing the rich
edwin edwards for president --
There is talk that some republican operatives are trying to buttress the Clinton campaign in the hopes that she will be nominated and lose the general election. I am no fan of Clinton, and as a lifelong democrat, have a real problem with the prospect of voting for her. But, hey, let's do the same with Mitt! This phoney empty-suited pretty boy  would be the ideal republican nominee. His tax plan for the middle class is more republican garbage - throwing the rabble a bone so the wealthy can continue to rape the nation.
Middle class tax relief, no tax on interest, capital gains and dividents, Romney you rock! Let's see how much taxes I will save on the $250 in interest I received last years --- mmm -- carry a 1 --- mmmm  -- WOOHOO I will save over $50 !!!!  You've got my vote.  Tell my again about the rabbits -- I mean, tell me again how that helps the middle class and not the rich? It wouldn't help your $250 million in investments would it? Have you done the calculations? No conflict of interests there.
Who doesn't have a 401K?  With this plan you could retire without your 401K getting raped by the feds.
When Mitt Romney states a better reason for his boys not to fight in Bush's war than they are going to vote for him, I might vote for Giuliani.  Probably Clinton.....
It's funny to hear republicans blubbering about taxes.  As if, the measly breaks the middle class got are offsetting the rising costs of real estate, gas, well.. just about everything we have to buy.  Not to mention the double digit yearly increases in HEALTH INSURANCE that republicans continue to ignore.  Yeah, throw me 100 bucks to cover my rising costs and ignore all the fundamental economic problems.  NOt to mention, how are you cats gonna pay for more tax cuts?  By borrowing more from China?  Are you sure they'll buy more T-bills?  God, they must think we are stupid.
Oh yeah Mitt-that tax break on saving, capital gain and mut. fund will sure save me a bundle-maybe 40 bux a year!! WOW! As far as abortion goes, the repubs don't want Roe V Wade overturned-if it was they would have nothing to run their mouths about-except of course gays. These clowns are just plain disgusting.
The real problem with the thinking is who really is middle class.  My husband and I always thought we were a middle class working family until George, Sr. said we had to make $100,000 per year to do so.  Opps - that leaves us out.  To me middle working class families make between $50 - 100,000 per year, anything over 100,000 you are rich, I don't care where you live that is a lot of money and there is nothing middle class about it.
Wake me up when these two clowns are gone.
Union Baby.. exactly right.  The average HH income is around 45K, and that's HOUSEHOLD.. not individual.   So really, I would put those middle class numbers slightly lower.  However, if you are making more than 100K, you are in the top 10% of earners.  Approximately.
Nate, Denver CO / "Who doesn't have a 401K?" A hell of a lot of people don't nate, but those people don't matter to the good compasionate republicans, ignore them maybe they will go away
>> Who doesn't have a 401K?  <<


People that live for today, without any regard for tomorrow.  These are the same people that sign sub-prime mortgages and are totally surprised when their interests rates skyrocket.  Then they want the government to bail them out for their bad decisions.


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