I know what it is. It consists of cutting spending. Block grant entitlements such as Food stamps and Medicaid. Pass the Ryan medicare plan. Eliminate energy subsidies, including the ethanol subsidies that Newt loves so much. Eliminate Freddie Mac, which caused the mess that tanked the economy.
It may not be as intellectually pretentious as calling for a colony on the moon or giant mirrors in space to light up the roads at night but it is the best way to save our economy from financial ruin.
Okay. It consists of a 10 percent and 28 percent income tax. You still pay FICA under that. Corporate taxes are 17 percent and 0 for manufacturers (for his union buddies). Capital Gains tax remains, but he is kind enough to lower it to 12 percent. Social security he turns back the retirement age, promises something about “making sure social security money goes to social security”, and blah blah blah. It’s relatively untouched.
Newt’s is a flat tax of 15 percent. If you don’t like it, you can stay on the current progressive tax system. Corporate taxes are a flat 12.5 percent. This is for ALL businesses. There are no playing with favorites. Social security is privatized (at least for younger workers), which is an excellent first stem in abolishing it altogether.
Two of the biggest issues in the country... your guy simply doesn’t touch.
The progressive tax system should be the target of our collective energies. This punishment of the rich on behalf of the poor is, to its very core, aimed to keep us under lock and key to the progressives and their class warfare politics. The destruction of this system and eventually adopting a purely EQUITABLE system where NO ONE pays more or less would utterly cripple the left.
Social security is doomed and cannot be saved no matter how you play around with it. It must be phased out. I need not argue too hardly on that. The Chilean Model has been proven to work, and it is an excellent substitute for our current woes.
Newt’s plan doesn’t go as far as I want it to go. In my personal opinion, we ought to work to amend the constitution to remove the income tax altogether. A move to a pure Fair Tax is the way to go. Nevertheless, any step which undermines this is a step in the right direction.
Saint Rick doesn’t understand this. He actively has voted against it in the past (he voted against the flat tax). He has distorted it when Cain was running on 999 (which is derived from the fair tax), and he is utterly unspecific in the vast majority of his proposals.
I don’t want to return to an America where we are debating gay marriage every day, like we did during the Bush years. We need to move on from this and make some serious reforms the very system of the government.
Newt wins this because he is the most experienced political leader who isn’t afraid to embrace good ideas and campaign for them. We need a leader who will support us as we work to take back Congress and push through important legislation.
Santorum simply doesn’t have that background and hasn’t shown an interest in running on real issues. Sure, he bleats aout “lowering taxes”, removing Obummercare. Everybody wants to do that. The question is, how? Santorum doesn’t emphasize it because it really is only secondary to his campaign. Running on social issues is NOT a winner, and that is NOT going to keep our movement active once our main enemy is out of the way.