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Romney Holds Small Business Roundtable In Orange County

COSTA MESA (CBS) — Presumptive Republican presidential nominee Mitt Romney attend a fundraiser in Irvine and a small round-table discussion with small business owners in Costa Mesa Monday, pushing what he called his plans to spur business growth with the goal of creating jobs.

The candidate began his day at a $1,000-per-person breakfast fundraiser at the Hyatt Regency Irvine, his third Orange County fundraiser since March. He held fundraisers in Irvine in March and Newport Beach in June.

"I have to encourage entrepreneurs and innovators to start their business, grow businesses ... keep more of their capital so they can invest in businesses," Romney told the crowd. "Doing those things will create more jobs."

Romney also took the opportunity to reiterate his position that the White House's health-care law will be bad for business, KNX 1070 reported.

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"It becomes more and more mandatory…and what kind of insurance you're required to have, ultimately what kind of care you're allowed to receive," Romney said. "I'm sure these things will be more and more controlled by government and close off more and more opportunity for innovation."

Occupy Orange County had planned to conduct a protest outside the fundraiser, but canceled those plans following the shooting in an Aurora, Colo., movie theater that left 12 dead.

"We choose to show solidarity with our thoughts directed toward the tragedy of Aurora, Colo.," according to a message posted on the group's website. "Future protest will be announced."

From Irvine, Romney traveled to Endural LLC in Costa Mesa for a small-business roundtable discussion with about a dozen people, again stressing his plans to support small entrepreneurs. Endural is a plastic container manufacturer.

As part of a 59-point plan to create jobs and economic growth, Romney has called for maintaining current tax rates on personal income; maintaining current tax rates on interest, dividends and capital gains; pursuing a conservative overhaul of the tax system that includes lower, flatter rates on a broader base; and repealing the Dodd-Frank Wall Street Reform and Consumer Protection Act, replacing it with a streamlined regulatory framework.

(©2012 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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