Saturday, December 22, 2007

Romney Slams McCain's Tax Record

Romney takes on McCain over taxes

By GLEN JOHNSON, Associated Press Writer Sat Dec 22, 2:30 PM ET

NORTH CONWAY, N.H. - Taking aim at a rallying John McCain, New Hampshire front-runner Mitt Romney said Saturday that his GOP presidential rival had failed "Reagan 101" by twice opposing President Bush's tax cuts.

Romney also sought to turn McCain's well-known maverick streak — a central theme in his campaign ads — against the Arizona senator. McCain's go-it-alone attitude, Romney suggested, will breed more divisiveness in Washington if he wins.

"Anyone who's run something, whether it's a small business or a big business, knows that the No. 1 ingredient for success is building a remarkable team of people around you, motivating them, guiding them, insisting on them drawing out their best capacities," Romney told a crowd of more than 100 people at an elementary school.

"I've had occasions to run business, to run the Olympics and to run a state, and you don't do that by yourself," said Romney, a former Massachusetts governor.

Taxes, a major focus in a state without an income tax, drew Romney's attention in his criticism of McCain.

"He voted against the Bush tax cuts — twice," Romney said. "That's failing Reagan 101. (Ronald) Reagan taught ... almost all of us in the Republican Party that lowering taxes would grow the economy and was good for our economy and good for individuals. And I believe that the Republicans are going to nominate a tax-cutter to become president of the United States."

McCain was one of two Republican senators to vote against a $1.35 trillion tax cut that Bush proposed in 2001. McCain also voted against similar plans in 2003, as well as a proposed repeal of the federal estate tax. McCain said they disproportionately benefited the wealthy.

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