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Reply With Quotecutting taxes, well that worked for Bush I And II, now didn't it?
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Moderator
It is an article of faith on the left that the right has no (new) ideas…
Here are some… and they would work
Confirm that all personal tax rates will remain as they are for the next 5 years.
(Extend the Bush tax rates)
Reduce Corporate Tax Rates. We should reduce corporate rates to 25%, which would help business to grow and create jobs.
Our corporate income tax rate, currently the second highest in the developed world, and must be cut to restore U.S. competitiveness. The corporate tax rate should be set at or below the Organisation for Economic Co-operation and Development average of 26% to eliminate the incentive for businesses and jobs to move overseas.
Congress should enact a firm cap on the annual increase in total government spending, limited to inflation plus population growth. Lawmakers should exert all effort to keep overall federal spending to less than 20% of U.S. GDP, and develop a plan to get there in 4 years or less.
Repeal the health care bill NOW!
The government should end all the interventions it has made since 2008, starting with abolition of the TARP program. Sell every and all stakes it holds in corporations at once.
It should then abolish Freddie Mac and Fannie Mae and repeal all U.S. government regulatory measures that interfere with mortgage markets. Congress should also repeal the Sarbanes–Oxley Act, which discriminates against small firms and reduces competition. Companies should be allowed to fail, and laws and regulations should create no expectation of a future bailout.
Congress must eliminate the insidious practice of earmarking, which corrupts the legislative process.
Establish a Sunset Date for ALL Federal Regulations. To prevent outdated regulations from being left in place in perpetuity, regulations should, as a matter of routine, include a “sunset” date by which they would expire automatically unless specifically renewed by lawmakers. Such automatic sunset clauses already exist in some cases. Congress should make them the rule, and not the exception… starting now!
Repeal the new Financial Services Regulations. The regulatory regimes placed in President Obama’s financial regulation bills were a step backward for consumers and the economy, and imposed unnecessary regulatory costs or taxes on American businesses and families. (Credit card rates and the rates of other consumer debt is already rising). Congress should repeal them and adopt market-based solutions in their stead.
Secretary of Defense
cutting taxes, well that worked for Bush I And II, now didn't it?
to live is to suffer-Fritz lang
Vice President
I think you have a future in republican politics. You've found a way to make "no ideas" look good.
"You can't always write a chord ugly enough to say what you want to say, so sometimes you have to rely on a giraffe filled with whipped cream."
Frank Zappa
Secretary of Defense
Credit where credit's due. I think it's the Democrats in congress who've made that possible.Originally Posted by timj219
"The human race divides politically into those who want people to be controlled and those who have no such desire. The former are idealists acting from highest motives for the greatest good of the greatest number. The latter are surly curmudgeons, suspicious and lacking in altruism. But they are more comfortable neighbors than the other sort." -- Robert E. Heinlein
President
What should 'we' do? Well, hey! I'm going to keep getting up every morning and going to work. Just like for the last many years.
What do you think of the concept of increasing the tax rates for the duration of our "wars" on abstractions? From one perspective, we would have less foreign entanglements, and, if tax rates on the wealthy are also increased, they would have greater means at their disposal to keep our elected representatives from any more expensive "wars" that require a warfare-state economy rather than a welfare state economy.
Simplifying our current social safety nets does not require warfare-state economics; and, welfare-state economics can lower our tax burden through greater use of public sector means of production, which require labor and can generate revenue to defray public sector costs.
Vice President
I always knew they must be good for something.
"You can't always write a chord ugly enough to say what you want to say, so sometimes you have to rely on a giraffe filled with whipped cream."
Frank Zappa
Secretary of Defense
Excellent post, Daniel
"The human race divides politically into those who want people to be controlled and those who have no such desire. The former are idealists acting from highest motives for the greatest good of the greatest number. The latter are surly curmudgeons, suspicious and lacking in altruism. But they are more comfortable neighbors than the other sort." -- Robert E. Heinlein
Vice President
Cutting taxes and increasing spending doesn't work very well. But cutting taxes and being fiscally responsible works amazingly. Sorry to burst your strawman.
"The long run is a misleading guide to current affairs. In the long run we are all dead." - John Maynard Keynes (admits his philosophy is not viable)
President
when did "cutting taxes and being fiscally responsible work"?
Governor
1994.
County Executive
While I understand where you are coming from I think we have to focus on balancing the budget first. Now, I'm not denying that these actions would help stimulate the economy. I just am not sure about implementing them until we have spending and the deficit under control.
I'd go further. I don't just want spending to freeze, I want it to decrease. Spending cuts in any and all areas of government. I wouldn't leave hardly any possibility for spending cuts off the table.
I completely agree!
I also agree with this.
And I agree with this.
Excellent idea!
Agreed.
"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, ... That to secure these rights, governments are instituted among men,"
-Declaration of Independence
Two truths that many Americans seem to have forgotten:
1. Men are endowed by God with inalienable rights.
2. Government's purpose is to secure man's God-given rights.
Vice President
Show me the fiscal responsibility first and I'll go along with tax cuts later. I won't hold my breath.
"You can't always write a chord ugly enough to say what you want to say, so sometimes you have to rely on a giraffe filled with whipped cream."
Frank Zappa
President
taxes were increased in 1994, it's what "fiscally responsible" means
Joint Chiefs of Staff Member
Doesn't matter how high taxes are if spending isn't in check. You could have 100% taxes and still be short on money the way our government operates.
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