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What makes an effective leader?
Transcript of What makes an effective leader?
President Obama's health care plan protects patients by making sure that individuals are able to get coverage for pre-existing conditions, not letting insurers cancel policies when people get sick, and requiring people to buy health insurance or pay a fine. One key part of Obama's plan is it makes sure that 80% of your premium is used for health services and improving care instead of executive bonuses and other non-healthcare related issues. Another key part of his plan is that people on Medicare will save an average of $4,200 in health care expenses over the next 10 years and will now have access to annual wellness visits for free. His plan will also require states to expand Medicaid. And finally his plan will give credits to people who can't afford insurance. The negative is that everyone will be required to buy health insurance or they will have to pay a fine.
Mitt Romney's strategy is to eliminate all programs that aren't necessary so we can finally reduce our National debt. The economy is in trouble. Our National debt has increased over 50% in Obama's 4 years as President. Obama's plan will increase the debt further. The biggest way he wants to reduce the debt is to raise taxes on the wealthy. The problem is that Obama's plan to raise taxes on the wealthy will affect small businesses. The unemployment rate is still very high. When taxes go up for small businesses, they will fire more workers which will increase the unemployment rate. Mitt Romney's tax plan will encourage businesses to hire more people which will lower the unemployment rate and make our economy stronger. He also wants to eliminate programs, like Obamacare, that aren't absolutely necessary. This isn't always easy for everyone, but I feel that the country shouldn't have programs that we can't afford just like I can't get everything I want in life. Mitt Romney did a great job in running a successful business, leading the 2002 Olympic games, and governing the state of Massachusetts. I feel that Obama hasn't done a great job in running the country because our economy keeps getting weaker. Therefore, I think Mitt Romney would make a better President. Under Romney's tax plan, most people's taxes would go down, with tax rates cut by 20 percent across the board which makes the lowest tax bracket begin at 8 percent (2 points lower than the current rate) and cap the highest bracket at 28 percent (7 points lower than the current rate). People earning less than $200,000 would pay no taxes on investment income such as capital gains and dividends, while high income people would keep the current 15 percent rate. Romney would eliminate the estate tax. For corporations, Romney would cut tax rates from 35% down to 25%, three points lower than Obama's proposed rate. Romney says he will make up for his proposed tax cuts by eliminating tax loopholes and deductions. While he has not said which credits he will cut, Romney said he may cap the amount of deductions a taxpayer can claim, at, for example, $17,000. Believe in America REPUBLICAN PARTY DEMOCRATIC PARTY What makes an effective leader? Election 2012 Slogan: Slogan: