Home > School and Learning > By Subject > Social Studies > Politics and Government > 2012 Presidential Candidates: Where They Stand on the Issues
|

2012 Presidential Candidates: Where They Stand on the Issues

3 of 8
2012 Campaign Issues, where Obama and Romney stand where Obama and Romney stand on taxes

Taxes


Barack Obama

Democrat
  • Temporarily extend the Bush-era tax cuts for those who earn less than $250,000 a year but let the taxes of the wealthiest Americans go up
  • Pursue enacting the Buffet Rule, which would require millionaires and billionaires to continue paying a higher tax rate and reduce the tax burden on the middle class
  • Reform the tax code and close loopholes for millionaires and billionaires, as well as hedge fund managers, private jet owners, and oil companies
Mitt Romney

Republican
  • Make permanent, across-the-board 20 percent cut in marginal tax rate, which means reducing the increased tax burden on wealthier Americans
  • Reduce the corporate tax rate
  • Eliminate the death tax
All information was taken from official candidate websites or video interviews.

Next: War & National Defense

View our slideshow gallery

highlights

6 Sweet Gestures for Teacher Appreciation Week
Show your child's teacher how much she is loved with one of these meaningful homemade gestures for Teacher Appreciation Week (May 2-6)!

Find Today's Newest & Best Children's Books
Looking for newly released books for your child? Try our Book Finder tool to search for new books by age, type, and theme!

8 Epic Emoji-Themed Crafts, Activities & Recipes
Check out the best emoji crafts, activities, and recipes! They're perfect for Screen-Free Week (May 2-8) or an emoji-themed birthday party.

Ready for Kindergarten?
Try our award-winning Kindergarten Readiness app! This easy-to-use checklist comes with games and activities to help your child build essential skills for kindergarten. Download the Kindergarten Readiness app today!

stay connected

Sign up for our free email newsletters and receive the latest advice and information on all things parenting.

Enter your email address to sign up or manage your account.

Facebook icon Facebook icon Follow Us on Pinterest

editor’s picks