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Who do you trust as President: the tax raising history of Romney and Perry…

Bottom Line: While Romney was governor the tax burden in his state went from 9.8% to 10.5%.  While Perry was governor, the tax burden in his state went from 7.1% to 7.9%.  Taxes increased under both Romney and Perry in their states. 

1976 – Newt ran for the House on a conservative ticket; Rick Perry voted for Jimmy Carter

1981- Newt voted YES on the Reagan tax cut of 1981

1984 – Ronald Reagan won election having adopted the ideas of Newt Gingrich’s Oppertunity Society (in other words, he campaigned on the ideas Newt Developed) and won in a landslide.  In his state of the union, Reagan cited the Oppertunity Society.

1986 – Newt voted YES on the Reagan tax cuts of 1986

1987 – Perry voted for the largest tax INCREASE in Texas history

1988 – Perry backed Gore

1990 – According to the Club for Growth – Newt’s vote against and his congressional leadership against the 1990 Bush tax increase is especially praiseworthy, as it exhibited political courage to fight against a bad policy that was promoted by the president and congressional leadership of his own party.

1993- Newt voted NO on the Clinton tax hike in 1993.

1994 – Mitt Romney ran for Senate as pro-abortion, anti-family, and attacking Reagan; Romney Lost.  Newt developed the Contract with America and the GOP won control of the Congress for the first time in 40 years.

1997 – Newt Voted YES, and cut capital gains taxes

1998 – By this time, Newt had balanced the budget, reformed welfare, and cut taxes.

1999- Perry voted more than a dozen times while in the Texas legislature to raise taxes

2002 – Romney ran to replace GOP governor Jane Swift, and won.  Romney then raised taxes: specifically raising corporate taxes by removing exemptions.  Romney also raised user fees, and made some spending cuts.

2004- Club for Growth gave Perry a B; Romney a C

2006- Club for Growth gave Perry a B; Romney as C; Huntsman a B

2007 – During Romney’s time as governor, taxes in his state were raised from a 9.8% total average tax burden to a 10.5% total average tax burden for citizens of Mass.  He was a tax increaser.  His state legalized “gay marriage” while he was governor (those he opposed it).  Clearly, unlike Reagan and unlike Gingrich, Romney’s state didn’t move right while he was governor, it moved left. 

2008- Club for Growth gave Perry a B

2009 – By 2009, Business taxes in Texas were 8% HIGHER than the national average.  Texas is the 18th highest tax state for businesses.  (according to the Texas Council on State Taxation).   Some industries are very heavily taxes in Texas, for example, utility companies pay about $60,000 in taxes per employee in Texas state and local taxes.    Texas has a very regressive tax system, the poorest 20% of Texas voters pay over 9% of their income in taxes.  The richest 20% pay 3% of their income in taxes.  Simply put, the higher your income, the lower the percent you pay in taxes if you are in Texas.  Texas also has high property taxes, with an average residential property tax rate of 1.88% (10th highest in the country), and an average business/industrial property tax rate of 2.52%, 3th highest in the country.   Texas has the 11th highest state sales tax rate at 6.25%.   

2009- Perry raised taxes on smokers

2009 – The average tax burden in Texas raised from 7.1% in 2000 to 7.9% in 2009; a 10% increase in the tax RATE.

2010- between 2001 and 2010 – Gingrich started a number of private sector companies with his wife, creating jobs and generating over $100 million in revenue.  Unlike Romney who made money firing people, Gingrich’s companies resulted in a net increase in jobs.

2010- Club for Growth gave Perry a B

2011-  Rick Perry signed into law a new online sales tax

2012 – Spending in Texas has increased 79.2% (over 18% if inflation is considered) while Gov. Perry was Governor.  Perry raised taxes and raised spending while governor.

 

Bottom line is that while Romney was governor the tax burden in his state went from 9.8% to 10.5%.  While Perry was governor, the tax burden in his state went from 7.1% to 7.9%.  BOTH RAISED THE PERCENT OF TAXES PEOPLE PAY AS INCOME.

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