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Readers' forum:: Mitt Romney's business skills are what nation needs

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  • Esquire Springville, UT
    Jan. 19, 2012 2:37 p.m.

    @ Alfred, BRAC was a Bush Administration initiative. It's been in the works for quite a while.

  • Mike Richards South Jordan, Utah
    Jan. 19, 2012 8:42 a.m.

    Shaun_,

    If you want to pay Mitt Romney's tax rate, please be my guest. Pay the corporate rate of 35% on your earnings (income) and then pay 15% on anything you receive from your investments. The government would be very pleased to receive YOUR 50%.

    If you want to pay 15%, then get busy and earn some money so that you can invest your excess. Let the federal government take 35% of everything you worked for. Let them redistribute your 35% to the 50% of the people who complain that 10% is too much for them to pay. When you have made your fortune, and paid a fortune in taxes, then invest the rest. Put it at risk. Take a chance that it will return a profit. Build a business. Hire some people. Take a risk that your business and your employees will give you a return on your money. IF you get a return on your money, then you, like Mitt Romney, will pay an additional 15% of that invested money to the government.

    If you don't have what it takes to make that journey, then don't complain about those who do have what it takes.

  • wrz Salt Lake City, UT
    Jan. 18, 2012 10:44 p.m.

    @one old man:

    "wrz, you've been listening to the wrong propaganda station. That 100,000 number has been shown to be very wrong."

    You're probably right. It was likely much higher.

    @atl134:

    "That's not even the right number."

    Probably not. It was likely much higher.

    "Bain didn't create those jobs, the companies did."

    With Bain's help the companies survived... without which there would be zero jobs.

    "An example... Bain put 15 million into an Indiana steel company. The county and local gov'ts put in 40 million total. If jobs were created there and we accept the idea that investment allowed it to happen... then one must acknowledge that 2/3 of the jobs came from the gov't. Bain of course bailed out of the company taking 100 million or so out of it."

    The governments would have put nothing in had it not been for the Bain capital infusion. Governments don't create jobs. Businesses create jobs.

  • Wally West SLC, UT
    Jan. 18, 2012 10:19 p.m.

    per Ultra Bob @ 10:02 a.m. Jan. 18, 2012

    Agreed. If it were up to today's GOP the Constitution would start, "They, the corporations..."

  • Wally West SLC, UT
    Jan. 18, 2012 10:15 p.m.

    Should Mitt get elected, his CPA can head the CBO; we'll have the deficit gone with a few pen strokes.

  • shaun_ SAINT GEORGE, UT
    Jan. 18, 2012 9:11 p.m.

    @J Thompson. Why are you even defending his tax rate? It is flat out wrong that middle class Americans pay a higher rate than someone who makes millions of dollars. I don't care if he got it by selling cookies on the corner or leverage buy outs.

    And by the way Romney never gave me a job.

  • Mark B Eureka, CA
    Jan. 18, 2012 9:06 p.m.

    J has an interesting point. Mitt's really not rich at all, but an unfortunate victim of tyranny, forced to pay until he's down to his last quarter billion. Haven't the rich suffered ENOUGH? I also admire J's technique in name calling, but avoiding censure because he wasn't speaking about a specific person. Finally, I hope Mitt stands still next time someone attempts to ask all those questions J raises about his finances.

  • homebrew South Jordan, UT
    Jan. 18, 2012 7:39 p.m.

    Romney is a carrer corprate raider. He cares about one thing, making money. He destroyed the lives of tens of thousands of people, by destroying their jobs, and in the case of the steel mill, he left the us government the tab of 44 million in pension payments after he filled his pockets. He is a perfect example of what is wrong with american capitalism. GREED. Just like the greedy people on wall street. You vote for whoever you want. I'll stick with my president. A man who looks out for the poor, the down trodden, and the middle class. OBAMA 2012

  • J Thompson SPRINGVILLE, UT
    Jan. 18, 2012 7:06 p.m.

    Blue,

    Who's saying that Mitt Romney is lying? Learn to ask the right questions. FIRST, ask him WHY he is paying 15%. NEXT, ask him the tax rate on the money he made that allowed him to invest his extra money. THEN, you will know, just like the rest of us know, that he paid the full rate allowed by law on the money that he invested. THEN, you will know, just like the rest of us, that he was taxed TWICE, once when he earned the money and again when the money worked for him.

    If you think that almost 50% of Americans can't pay 10% income taxes, then why do you think that anybody should pay 35% corporate taxes and then another 15% simply because he didn't spend his money, but put it to work so that YOU and I could have a job?

  • Blue Salt Lake City, UT
    Jan. 18, 2012 6:06 p.m.

    JThompson,

    The 15% figure came from Mitt himself.

    Who's lying?

  • Hutterite American Fork, UT
    Jan. 18, 2012 5:46 p.m.

    No, that's fine. Too much religion, wedge issues, all that republican nonsense. Obama's fine.

  • J Thompson SPRINGVILLE, UT
    Jan. 18, 2012 5:31 p.m.

    It's good that you don't where to start. If you understood the tax code, even just a little bit, you would know exactly what I'm writing about, but unless you own your own business, like I do, and unless you pay people, like I do, and unless you have to match "contributions", like I do, and unless you have to pay taxes on your income and then again on the profits that your money makes, like I do, then, of course, you wouldn't know where to start.

    When you do your homework, then you'll know where to start.

    One thing is certain. Paying 35% and then another 15% means that the FEDERAL government is taking 50% of the money that YOU worked for, that YOU earned, that YOU invested so that other people could have jobs.

    If YOU think that anyone should pay 50% of his income to the government, then please lead the way. YOU pay 50% of your money. YOU shut down your business when the government gives your money to people who balk at paying 10% income tax. YOU lay off workers when the government takes 50% of your money.

    Then you'll know.

  • Brother Chuck Schroeder A Tropical Paradise USA, FL
    Jan. 18, 2012 5:10 p.m.

    Re: wrz - 1:12 p.m. Jan. 18, 2012
    Salt Lake City, UT
    @Brother Chuck Schroeder: "I for one am not their puppet, I can think on my own, I have a brain and know how they work, do you?. Romney did put people out of work and destroyed jobs in order to make money." I don't think you can think on your own, Brother Chuck. Romney created a estimated 100,000 over seas American jobs with his businesses, stuffing all his monies in off shore tax safe havens. To avoid paying taxes.

    Reply back: With the population of the US over 400 million, that's a drop in the bucket. It's like hireing a few at Burger King flipping burgers. In a civil dialogue among DNews readers and staff, here's my truthful thoughtful comments. When you get as smart as Joseph Dalton Hooker that was arguably the most important British botanist of the nineteenth century, and a traveller and plant-collector, he was one of Charles Darwin's closest friends and eventually became director of Britain's Royal Botanic Gardens, Kew, I'll believe you. Not until then.

    I told you I would tell you the truths.

    Didnt say youll like it.

  • Brother Chuck Schroeder A Tropical Paradise USA, FL
    Jan. 18, 2012 4:25 p.m.

    RE: 1:12 p.m.

    Reply: Sen. John McCain told Sean Hannity that choosing Sarah Palin was still the best decision he ever made. Well, today the Arizona DMV took away his driver's license. Newt Gingrich has released a new ad attacking Mitt Romney because he knows how to speak French. Well, Romney is not the only one. John Huntsman speaks Chinese. Rick Perry, of course, speaks gibberish, just like everyone else from Utah. At the last Republican debate, Mitt Romney talked about his love of hunting. In fact, Romney said on his last hunting trip, he shot three dear and fired two elk. At the first Republican debate, they were standing behind podiums, then they had them at a round table, and then one night they had them in bunk beds. Jon Huntsman has dropped out of the race for president to return to his former job as the guy in the picture that comes with the frame. President Obama is visiting Disney World on Thursday to promote a new plan to boost tourism. Of course, it's going to be awkward when he walks into the "Hall of Presidents" and sees them not making room for Mitt Romney.

  • Nonconlib Happy Valley, UT
    Jan. 18, 2012 4:13 p.m.

    @J Thompson

    Wow. I don't even know where to start, so I won't. Do you really believe all the things you wrote? If so, I've got a bridge I'd like to sell you.

  • J Thompson SPRINGVILLE, UT
    Jan. 18, 2012 2:29 p.m.

    The lies and "twisting" continues from the liberal left.

    They are now saying that Mitt Romney only pays 15%.

    What they so conveniently leave out is that he already paid 35% corporate tax on that money and THEN he invested his earnings. Now he is being taxed an ADDITIONAL 15% on those investments.

    If any of us invested our money, WE would be taxed just like Mr. Huntsman. We would be taxed TWICE, just like Mr. Huntsman. We would be taxed when we earned the money and then again when that money earned a profit.

    It is a bold-faced-lie from the Left that Mitt Romney ONLY pays 15%. Should he or any of us be taxed TWICE? Is that what the Left wants? Do they really think that taking money out of circulation is the best way to create new jobs?

    President Obama has already shown us how he can destroy 3 million jobs. How many more does he want to destroy before he learns that people like Mitt Romney make OUR jobs possible?

    Just how many people has President Obama hired in the private sector? HOW MANY?

  • atl134 Salt Lake City, UT
    Jan. 18, 2012 2:25 p.m.

    @wrz
    "Yes, and created 100,000 jobs for Americans in the process"
    1. That's not even the right number.
    2. Bain didn't create those jobs, the companies did.
    3. An example... Bain put 15 million into an Indiana steel company. The county and local gov'ts put in 40 million total. If jobs were created there and we accept the idea that investment allowed it to happen... then one must acknowledge that 2/3 of the jobs came from the gov't. Bain of course bailed out of the company taking 100 million or so out of it.

  • wrz Salt Lake City, UT
    Jan. 18, 2012 1:12 p.m.

    @Brother Chuck Schroeder:

    "I for one am not their puppet, I can think on my own, I have a brain and know how they work, do you?. Romney did put people out of work and destroyed jobs in order to make money."

    I don't think you can think on your own, Brother Chuck. Romney created a estimated 100,000 American jobs with his businesses.

    @Esquire:

    "As one who has worked at high levels in both government and business, I assure you that government is not like business and cannot be run like a business."

    What you say may have a modicum of truth. But the element important in both government and business is leadership. Romney has that capacity in spaces.

    "... attacking Perry and Gingrich as career politicians is nothing more than a rant because you favor someone else..."

    Washington is full of career politicians. And look what it's got us? Bloated government and an obscene national debt.

    "The problems in the economy arose under Bush and were handed to Obama."

    Yes, and Obama ran it further into the ground at an increasing rate.

  • LDS Liberal Farmington, UT
    Jan. 18, 2012 1:10 p.m.

    (continued)

    All manufacturing would continued to be outsourced to China,
    cheap labor, and no enviromental restrictions.
    If you want a job - learn Mandarin and move there.
    The Corporate HQ would reamin in the U.S. to avoid imports, tariffs ans still be eligible for Military Contracts and Government bailouts.

    Welfare for people would become a failed policy and a thing of the past.
    Meanwhile- Corporations, having all the rights and privelegeds of people -- will still receieve Welfare.

    What remains of the United States,
    could then invade Iran for their Oil,
    Occupy them for his 2 terms in office, and
    and simply leave the next bill for the next CEO and
    American, Inc. shareholders scrambling to find a way to pay for it all.

  • one old man Ogden, UT
    Jan. 18, 2012 1:08 p.m.

    wrz, you've been listening to the wrong propaganda station. That 100,000 number has been shown to be very wrong.

    Even Mitt himself is flipping on it.

  • wrz Salt Lake City, UT
    Jan. 18, 2012 12:50 p.m.

    @Blue:

    "Mitt is good at buying companies, breaking them up and turning a profit by selling off the remaining pieces."

    Yes, and created 100,000 jobs for Americans in the process. Not a bad record. He invested in America.

    "Mitt has made a successful career from focusing on maximizing his bank balance."

    That's what all businessmen do. On the other hand, the current president focuses on increasing the size of government, increasing government handouts, and running up the national debt to level that it can never be paid paid off.

  • Alfred Salt Lake City, UT
    Jan. 18, 2012 12:38 p.m.

    "Some years back, government decided to close down some of its military bases in order to make the system more efficient and save taxpayer dollars."

    That's right, Blaine. Called BRAC (Base Realignment and Closure). But Congress passed the analysis task off to a committee and merely voted up or down on the committee's recommendations. And the president did nothing except get his pen out and sign a piece of paper.

    I think we will find that Romney, as president, will roll up his sleeves and get involved in directing governmental efficiency effort.

  • LDS Liberal Farmington, UT
    Jan. 18, 2012 11:48 a.m.

    Based on Mitt's "Business skills" and "Successes", let's imagine the America he'd create for us:

    He'd consolidate the finicial sectors to the NorthEast - New York, Boston and Chicago.

    With the Internet - all Federal employment would be moved to one central location, Washington D.C.

    Agriculture - the MidWest produced grains and vegatables.
    The unemployed could be rounded up and sent there to work the fields to replace the illegal immigrants who've been driven out.

    Since California is heavily Democrat -- they could become their own country or 2. We could import fruits and nuts, and visit Disneyland as a foreign country.

    The Pacific Northwest - with Boeing and MicroSoft remaining America's top exporters can remain, but will become US territories and loose House & Senate votes.

    Florida, and the Gulf States are full of old retired people on Medicare.
    They are on their own.
    Maybe we can strike a deal with the French -- and call it the Louisiana SellOff.

    Perhaps we could interest Canada or Russia in Alaska; so long as we retain Mineral and Oil rights.

    Since Utah, New Mexico, and Arizona are so counterproductive (take in more $$$ than putout) and already have high Hispanic populations -- Mexico is free to reclaim them.

  • Brother Chuck Schroeder A Tropical Paradise USA, FL
    Jan. 18, 2012 11:15 a.m.

    I see Romney can run a business very well, as long as it goes along with "government welfare" bailouts for the rich, then tax the middleclass to pay it back. Romney is under fire after news reports surfaced showing that his company, Bain Capital, benefited from multiple federal bailouts amounting to well over $50 million. The top-tier Republican candidate has flip-flopped on the issue of whether or not taxpayers should be forced to bail out private firms, but critics have seized on his controversial work at Bain to attack his candidacy from all angles. The scandal over Romneys federal bailouts first surged to prominence after a former strategist for the late Sen. Ted Kennedy publicly released an unaired campaign ad made nearly a decade ago when Romney was running for the Massachusetts Senate seat exposing a $10-million federal bailout of Bain & Co. while Romney was at the helm. The attack ad, citing a 1994 report in the Boston Globe, noted that Romney worked with the Federal Deposit Insurance Corp. (FDIC) to bamboozle the American people out of money under the guise of "debt forgiveness." Plus he he had his predecessor fire hundreds of employees.

  • Ultra Bob Cottonwood Heights, UT
    Jan. 18, 2012 10:02 a.m.

    Conservatives, republicans, business people only see things through business colored glasses.

    They believe this country was created for business purposes. They are probably right. The founding fathers were businessmen wishing to increase their part of the pie of a new nation.

    But, to accomplish their goals, they needed the help of a lot of people. They got that help by saying a lot of blue sky notions about ordinary people and promising to share with the people.

    The people did what they ask. The businessmen got what they wanted. And the people went about demanding that the businessmen prove up on their promises.

    The documents of the promises talk about people, not business. So therefore many of us got the impression that government is for people and not necessarily for business. And we like that notion.

    So if government is for people and business is for the accumulation of wealth for businessmen, business in not necessarily the best experience for government leaders.

    Many government programs are for the people, social security, Medicare, wage and hour laws, product quality, health, education etc. etc. etc.

    Are there any business programs that promote the general welfare of Americans?

  • Mark B Eureka, CA
    Jan. 18, 2012 9:59 a.m.

    May I raise the question: Who has been the greatest ex-businessman president in our nation's history? Washington and Jefferson were both slave-owning gentleman farmers. Hoover was a big success as a mining engineer. Polk also owned slaves in the South. GWB kept needing bailouts for his oil business, then leveraged a tiny baseball investment to riches. Truman managed a failed retail business. I guess that leaves - Bush Senior, finder of oil, but bounced after a single term in the White House. I have strong doubts that members of Congress would regard President Mitt as their "boss".

  • Uncle Charles Where freedom and liberty reign, utah
    Jan. 18, 2012 9:57 a.m.

    @LDS Lib: that's a great example of the Big Tent philosophy of the Left. You definitely showed love and concern for your neighbor, just like Christ asked us to.

    Do you see the coveting and envying in your post? That's sad that you denigrate others because of their successes.

    The letter writer is spot on. The example given is perfect. We need more "base" closings to get government under control and actually to the defined purposes contained in the Constitution.

    But hey, who needs a Constitution when we have a dictator-in-charge...

  • LDS Liberal Farmington, UT
    Jan. 18, 2012 9:43 a.m.

    Business skills?

    It becomes clearer and clearer everyday that Mitt Romney is out of touch with America.

    He is the posterchild of the elite 1%

    WallStreet connected
    former CEO
    born with a Silverspoon
    never worked a REAL job
    minimal 15% tax rate
    Cries he ONLY made $375,000 last year - [not including Stock gains]

    He is the antithesis of Joe the Plumber.

    @TwoBitsWorth | 6:44 a.m. Jan. 18, 2012
    Salt Lake City, UT
    As a small business owner whose business has been all but destroyed by the current administration....
    ----
    ??? What the?...
    How did "Obama" destroy your business? Did he send in his brownshirted thugs and break your windows?

    Specify your allegations, or drop the hyperbole and FoxNews rhetoric, please.

  • The Real Maverick Orem, UT
    Jan. 18, 2012 9:20 a.m.

    We need less business skills and more leading.

    Less wall street, less politicians making money off favorable legislation and insider trading, and more leading.

  • Esquire Springville, UT
    Jan. 18, 2012 9:19 a.m.

    As one who has worked at high levels in both government and business, I assure you that government is not like business and cannot be run like a business. There are many reasons for this, including the underlying purpose and function of the two sectors. Anyone who says government can and should be run like a business is either naive or deceptive. It is a fiction.

    Two other comments. First, attacking Perry and Gingrich as career politicians is nothing more than a rant because you favor someone else, who, by the way, has tried unsuccessfully to be a career politician. He was elected to office once and bailed out knowing he would lose in a run for re-election. And to "TwoBitsWorth", frankly, I simply don't believe you when you say you lost a business because of the current Administration. The problems in the economy arose under Bush and were handed to Obama. Everyone knew that then, and anyone with a decent memory will recall that now.

  • Brother Chuck Schroeder A Tropical Paradise USA, FL
    Jan. 18, 2012 9:00 a.m.

    2nd-reposting

    Bain Capital, Mitt Romney and Clear Channel Communications, that owns and syndicates the radio shows of Rush Limbaugh, Sean Hannity, and Glenn Beck, among others. Clear Channel and its subsidiaries have been criticized on several other fronts in recent times. Its Premiere Radio Networks syndication service was exposed using paid actors to call into talk shows and read scripts. Some cynics have even suggested that pro-Romney callers on conservative shows have actually been well-paid propagandists reading from a prepared script. Here's two of them, Former Alaska Gov. Sarah Palin told Fox News Sean Hannity Tuesday night that she would vote for Newt Gingrich in the S. Carolina primary, if she were a voter there. What was she paid?. Here's another. Newt Gingrich prevailed in Monday night's Fox News debate, and Ron Paul "was incoherent," Rush Limbaugh said today on his radio show. What was he paid?. I for one am not their puppet, I can think on my own, I have a brain and know how they work, do you?. Romney did put people out of work and destroyed jobs in order to make money. How many jobs did he create at Clear Channel Communications?.

  • Blue Salt Lake City, UT
    Jan. 18, 2012 8:24 a.m.

    TBW: "As a small business owner whose business has been all but destroyed by the current administration..."

    In what way has the current administration harmed your business?

    Specifics, please.

  • one old man Ogden, UT
    Jan. 18, 2012 7:42 a.m.

    Yup, just ask the people who used to work for companies that were "saved" by Romney and Bain.

    Maybe he can recruit Jon Huntsman to teach those people how to speak Chinese so they can follow their jobs to China.

  • liberal larry salt lake City, utah
    Jan. 18, 2012 7:06 a.m.

    If a president want to cut federal spending they will have to the ability to unite both parties behind them. This will take a rare person with the magnetism of Reagan, or even Bill Clinton. Romney may have "business" experience, but he is no uniter. The Republicans are voting for him with the enthusiasm of a sick child taking castor oil. He is so un-charismatic that he can't even get the GOP faithful behind him!

  • Blue Salt Lake City, UT
    Jan. 18, 2012 6:56 a.m.

    "We can see what government has done with our economy so far. We are on the verge of financial ruin."

    That "ruin" was brought to you by the Mitt Romneys of the world, who play with American families and their pensions the way a desperate gambler plays with chips at a Las Vegas casino.

    Mitt is good at buying companies, breaking them up and turning a profit by selling off the remaining pieces. Mitt has made a successful career from focusing on maximizing his bank balance.

    I don't want him doing that to America. We are not a corporation, we are a nation.

  • TwoBitsWorth Salt Lake City, UT
    Jan. 18, 2012 6:44 a.m.

    As a small business owner whose business has been all but destroyed by the current administration, I see Mr. Romney as the most qualified to pull us out of the mess we are now in. I was here to see first hand how he saved the Utah Winter Olympics and proved his Leadership skills. I will be first in line to vote for him if he wins the GOP nomination.