Mitt Romney is personally worth over $200 million, so it is no wonder he doesn't want to raise taxes on the rich. He's very happy to reduce Social Security and Medicare benefits to preserve the Bush rich-people's tax break given in 2003, which has been shown to be the largest single cause of the nation's deficit.
Romney recently stated in public that he wouldn't raise corporate taxes either, even though several multi-national corporations--GE being a notable example--in fact pay zero federal income tax. He justified his unwillingness to make corporations pay more taxes this to a hostile audience, by saying "Corporations are people, my friend," using the 'my friend' phrase in the gratutious, derisive, dismissive manner of John McCain.
Here are a couple of Democratic ads that take on Romney's "Corporations are people" statement head on. Check 'em out.
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