← Iowa Caucus 2012: The Candidates’ Positions on the 4 Main Issues

Mitt Romney

By Derek T. Dingle | Published December 21, 2011 | Full size is 620 × 480 pixels

Job Creation: Mitt Romney’s jobs plan calls for reducing the corporate income tax rate to 25%; expanding energy exploration; giving states the responsibility and funding for job retraining and cutting non-defense discretionary spending by 5%. Housing: Romney believes the foreclosure process should run its course and hit rock bottom so that investors can buy and renovate homes and fill them with renters until a market turnaround but would consider proposals to help borrowers refinance mortgages to stay in their homes. Tax Reform: Romney would lower the corporate tax rate to 25% and make permanent the Bush-era tax cuts, including those for the wealthy. Government Spending: Romney would cut government spending by $500 billion in his first term by defunding Amtrak, reducing foreign aid and turning over some federal government programs to the states.

Job Creation: Mitt Romney’s jobs plan calls for reducing the corporate income tax rate to…

Mitt Romney