Election 101: Where the GOP candidates stand on taxes, jobs, and other economic issues

With more than 13 million Americans out of work and wage increases so modest they’re failing to keep up with inflation, voters have put the economy and jobs at the top of their checklist of presidential issues.

By , Staff writer

2. Rick Santorum

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    Republican presidential candidate Rick Santorum speaks during a town hall meeting at the Fort Dodge GOP Headquarters, Tuesday.
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Taxes

Would have two income tax brackets: 10 and 28 percent. Triple child exemption and retain other deductions; set 12 percent rate on capital gains and dividends; repeal estate tax; cut 35 percent corporate rate in half; cut rate to zero for manufacturers. Allow tax-free repatriation of overseas profits, if used for US plants and equipment.

Deficits and budget

Website boasts that he sponsored a balanced budget amendment and line-item veto early in Senate career. Opposes ­public-sector labor unions.

Jobs and growth

Opposed Wall Street bailouts and stimulus programs under Bush and Obama. Would audit the Fed and narrow its mandate to price stability.

Social Security and safety net

Supports reforms such as raising Social Security retirement age. Championed welfare reform in Congress. Calls breakdown of family a key cause of US poverty.

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