Romney castigates California
May 18th, 2012
03:04 PM ET
2 years ago

Romney castigates California

Hillsborough, N.H. (CNN) – Mitt Romney knows the chances of California going for him in November are slim, so why not call the state out as an example of economic policy gone awry?

A day after musing over a move to low-tax haven Florida, Romney–who owns a home in La Jolla, California–cast the Golden State as a cautionary tale for overtaxing and overspending.

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On a Friday conference call he told swing-state voters that the 2012 election gave them a choice over the country's economic future.

"You could either be like the America that we've known in our past, which is having low taxes and high growth and a strong economy," Romney said. "Or you could try to be like California, where they raise taxes higher and higher and higher."

Romney said California's policies "scare away employers. They make it harder for entrepreneurs to grow and thrive in their state. And they have huge deficits. The deficits in California get worse and worse."

California's budget deficit has reached an eye-popping $16 billion, the state's governor acknowledged this week.

A day earlier, on Thursday, Romney told voters in Jacksonville, Florida that his wife Ann had a soft spot for the battleground Sunshine State.

"She has said someday, who knows, we might move to Florida," he said to cheers from the audience. "You never know. Someday, way down the road."

He later assured reporters that he and his wife "love California," but added: "There are attractions to Florida. It has the right tax rate, among others."

Florida does not levy a state income tax.

– CNN's Ashley Killough contributed to this report.

Also see:

Romney to start airing first general election campaign ad Friday

Third party effort packs it in for 2012

Conservative group hits the road in Wisconsin


Filed under: 2012 • California • Mitt Romney
soundoff (66 Responses)
  1. Obama 2012 - BEND Forward America, take another 4 long years of FAILURE

    Bob
    ""You could either be like the America that we've known in our past, which is having low taxes "
    What was the top rate after WW2? 70%? 90%?
    =====================================================================
    So the Demorcats want to bring the country back into the 1940's with their policies?
    So the Democrats want to increase the tax rates to 70 or 90%?

    Actually, they do. THAT is the scary part.

    May 18, 2012 04:25 pm at 4:25 pm |
  2. Bootstomper

    Stay in Utah stay out of California.

    May 18, 2012 04:26 pm at 4:26 pm |
  3. CBR

    California had a Republican governor who was not more successful than the Democratic governor in bringing the economy under control.

    Those who are making millions need to support real change and give back to the State to right the economy there. After all, many have made their money in the movie business which we all pay for.

    May 18, 2012 04:27 pm at 4:27 pm |
  4. The REAL Truth...

    @BEND Forward – The Democrats financial incompetence now threatens the country at a national level. Their ultimate dream for the USA is to become GREECE.
    -------------------
    I guess you forgot to mentions that Greece is a 2-party country, much like ours. It is in its current financial mess because – as the historically dominant party – the ND's (conservatives) got them there. They lost control in 2007, and were in opposition during the first phase 09-11.They refused to support the first EU rescue package and the 2 subsequent austerity packages (all FACT BTW, look it up). Similar scenarios have played out in other European countries.

    So now where is your claim of financial incompetence? It's an inconvenient truth I know, but somewhere along the line you have to realize that the I'm right and you are all wrong claim falls on deaf ears. Please provide FACTS, not spout.

    May 18, 2012 04:28 pm at 4:28 pm |
  5. The REAL Truth...

    @Myviewis – as a matter of fact I've had about 10 job offers in California this week because they can't find anyone there with my qualifications.
    --------------------------
    Doesn't this fly directly in the face of all your spouting about jobs and the economy. Besides, I thought they had plenty of illegals available to harvest tomatoes.

    May 18, 2012 04:32 pm at 4:32 pm |
  6. Ferret out the BS

    Unfortunately the problem really started with Prop 13. Sure it was good for those with homes and make them affordable. But now the corporations are the ones enjoying most of the benefits and aren't paying a fair share. The cost of retrofitting infrastructure after earthquakes is not cheap by any means and we seem to have a large underground economy. There are many reasons why the economy here is in the crapper but it is not due to Left wing socialists as some have said.

    May 18, 2012 04:35 pm at 4:35 pm |
  7. Ferret out the BS

    BTW Mittens wants an elevator in his house in La Jolla for his cars.

    May 18, 2012 04:36 pm at 4:36 pm |
  8. Anonymous

    @Myviews, uh huh, sure. And I have a beautiful bridge for sale over the SF bay area. You are a joke.

    May 18, 2012 04:38 pm at 4:38 pm |
  9. CA - Land of the Free (Loaders)

    As a native Californian, I completely agree with Romney's statements about our state. The democrats that represent us don't have the people's best interest in mind. They've increased taxes on businesses and individuals while increasing their spending on lazy people on welfare. In the meanwhile, they welcome ILLEGAL immigrants with open arms and even encourage them to take advantage of the state's welfare programs (WIC, EBT, Medical, etc). College tuition keeps going up while the UC Regents decide to give themselves a hefty raise.

    I've seen my state go down the drain under Pelosi, Boxer, Feinstein, and Moonbeam. They will do anything to pander to the out of control unions and ILLEGALS. We are becoming a greater extension of TIjuana, Mexico.

    May 18, 2012 04:40 pm at 4:40 pm |
  10. Jason

    Romney's
    six largest campaign contribution sources in 2011 were executives,
    family members and affiliated political action committees of Goldman
    Sachs, JPMorgan
    Chase, Morgan
    Stanley, Credit
    Suisse, Citigroup
    and Bank
    of America, according to the Center
    for Responsive Politics, a Washington,
    D.C.-based group that monitors campaign finances.

    By contrast, Ron Paul's three largest donors are
    The US Army, The U.S. Navy, and The U.S. Air Force.

    May 18, 2012 04:45 pm at 4:45 pm |
  11. Ferret out the BS

    The governator didn't help matters any and he was Republican.

    May 18, 2012 04:48 pm at 4:48 pm |
  12. Randy, San Francisco

    California state government is dysfunctional because of the just say NO GOP/Tea Party elected officials. They mirror their counterparts in Washington. The dadlock may end if Democrats achieve 2/3rds control of the State Assembly and Senate in the next election cycle.

    May 18, 2012 04:52 pm at 4:52 pm |
  13. Sniffit

    ""You could either be like the America that we've known in our past, which is having low taxes and high growth and a strong economy,""

    1950's:

    Highest tax rate – over 90%

    Economy's average growth rate per annum – 4%+

    Since then, there is a direct and consistent correlation between lower top marginal rates and LOWER economic growth. When the top marginal rate was less than 50%, average growth was at 2.7% or LESS. When above, it was at 3.7% or MORE.

    Mittens can STFU now.

    May 18, 2012 05:15 pm at 5:15 pm |
  14. Obama 2012 - BEND Forward America, take another 4 long years of FAILURE

    The REAL Truth...
    I guess you forgot to mentions that Greece is a 2-party country, much like ours. It is in its current financial mess because – as the historically dominant party – the ND's (conservatives) got them there. They lost control in 2007, and were in opposition during the first phase 09-11.They refused to support the first EU rescue package and the 2 subsequent austerity packages (all FACT BTW, look it up). Similar scenarios have played out in other European countries.
    So now where is your claim of financial incompetence? It's an inconvenient truth I know, but somewhere along the line you have to realize that the I'm right and you are all wrong claim falls on deaf ears. Please provide FACTS, not spout.
    =====================================================================================

    You think Greece's problems started a few years ago??? Are you nuts? HERE is the origin of their problems:

    "At the October 1981 national elections PASOK won a landslide victory with 48% of the vote and capturing 173 seats; it formed the first socialist government in the history of Greece since 1924."

    Greece has been run and controlled by socialists for decades. Please educate yourself before responding any further. You are embarrassing yourself.

    May 18, 2012 05:27 pm at 5:27 pm |
  15. Obama 2012 - BEND Forward America, take another 4 long years of FAILURE

    Sniffit
    ""You could either be like the America that we've known in our past, which is having low taxes and high growth and a strong economy,""
    1950's:
    Highest tax rate – over 90%
    Economy's average growth rate per annum – 4%+
    Since then, there is a direct and consistent correlation between lower top marginal rates and LOWER economic growth. When the top marginal rate was less than 50%, average growth was at 2.7% or LESS. When above, it was at 3.7% or MORE.
    Mittens can STFU now.
    ==================================================================================
    This is truly hilarious! The looney leftist think that taxes and growth in the 1950's has some bearing on the world over 60 years later. Don't you think the world is a different place now? Ever hear of globalization Sniffy? Didn't exist back in the 1950s now did it? USA was pretty much the only country left intact after WWII and the rest of the world needed to be rebuilt and who could do that? Us, of course.

    Maybe you can try and come live in the 21st century and offer up how a 90% tax rate will help the USA TODAY? How many people will stay in the USA and pay 90% when then can very easily go elsewher eand live very well and pay far less? Saverin mean anything to you??? Come on Sniffy... You're game is really off lately. Are you diluting your koolaide?

    May 18, 2012 05:35 pm at 5:35 pm |
  16. PJ/Tx

    Where did this guy live in 2005 when Enron (Bush's buddy) gouged California on electricity, which led to
    Gov Davis' unfair impeachment? There was no shortage, but Enron made a lot of money, then imploded.
    AHnold couldn't fix their economy, and California is still paying for the damage Enron did, just like we are
    still paying for the damage GW did to America. Mitt is gets "emptier" every day.

    May 18, 2012 05:37 pm at 5:37 pm |
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