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Romney Adviser: Cut Taxes for Companies, Not Kids

Interesting article today on U.S. News & World Report:  Romney Adviser: Cut Taxes for Companies, Not Kids, by James Pethokoukis:

What kind of economic policy advice is Mitt Romney getting? One of the people doing some idea work for Romney, the former Massachusetts governor and current 2008 GOP presidential hopeful, is Cesar Conda. Conda is former assistant for domestic policy under Vice President Cheney and a longtime policy wonk around Washington, D.C. …

I asked Conda … whether tax policy should focus on growth and economic efficiency vs. producing certain social policy outcomes. Here is his answer: "Even though the budget is moving into balance, there are fiscal constraints, so you have to ask yourself which one of these tax cuts will help you the most, which will produce some revenue feedback [to the government]. And that makes things like expanding the per child [tax] credit lower priority, as opposed to cutting the corporate rate or other pro-growth tax reform or cuts."


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