Posted on 10/26/2005 6:15:17 AM PDT by sanemom
Sorry no link, this was e-mailed to me from the campaign:
Dear Friends,
I just wanted to drop you a quick update from Team 88 and Lynn Swann in regards to his speech today to the Allegheny County Eggs and Issues Breakfast. It was a speech focusing on an issue that will prove to be Lynn's top priority -- job creation in the Commonwealth.
Lynn offered the crowd a bold plan for jobs - one that included significantly reducing business taxes, cutting the Personal Income Tax for every taxpaying Pennsylvanian, reforming our regulatory system, capping government spending, and having Lynn become our chief salesperson for attracting new jobs.
I just wanted to pass on some of the highlights...
"The tax structure of a state is the most important factor influencing the overall business climate. Our tax system in Pennsylvania is one that severely inhibits job creation.
Pennsylvania has some of the highest business taxes in the country, including the second highest Corporate Net Income Tax. Our rate is 46% higher than the national average.
We are one of the few states that have a corporate net income tax and a capital stock and franchise tax.
Our business taxes are 58% higher per employee than the national average."
Lynn went on to propose the following tax relief measures:
* Lowering and Reforming the Corporate Net Income Tax to 5.99% and changing the way we apportion the tax to a single sales factor.
* Speeding up the phase-out of the Capital Stock and Franchise Tax, one of the most onerous business taxes in the Commonwealth.
* Rolling back the Rendell Personal Income Tax Increase, this has cost Pennsylvania 33,000 jobs and Pennsylvanians money out of their wallets.
* Lifting the cap and making tradable Net Operating Loss, which will make Pennsylvania more attractive to bio-tech companies and start ups.
* Killing the Death Tax, which will phase out the double taxation of our wealth.
Lynn did not stop with tax relief though; he went on to talk about lessening Pennsylvania's regulatory climate.
"Pennsylvania is one of the most regulated states in the nation, and we need to do something about the burdens these regulations place on business."
Lynn proposed a cap on government spending, which he proposed as a way to stop politicians in Harrisburg from spending more than government needs.
"As many of you know, I am the former Chairman of the President's Council on Physical Fitness and Sports and when I get to Harrisburg, we are going to put the spending habits of the politicians on a diet."
Lynn went on to promise that as Governor, he would be the state's chief salesperson.
"Once we have put into place the infrastructure to protect Pennsylvania jobs, you can rest assured that it will be my mission to sell a Pennsylvania that has lower taxes, less regulations, lower spending, and an improved image."
As you can see, it was a big day for Lynn Swann and Team 88. I just wanted to keep you updated.
If you haven't already done so, please volunteer to help Lynn change Pennsylvania by volunteering or making a contribution at www.lynnswannteam88.com. Also, please forward this message to five (5) of your friends so they can join Lynn in changing the Commonwealth.
All the Best,
Ray Zaborney Executive Director Team 88
Hope all Pennsylvania FReepers will join me in supporting Lynn Swann and stopping the stream of jobs and residents pouring out of our state.
Scranton?
I can't hear that name without instantly thinking of that Harry Chapin Song... "30,000 Lbs. of Bananas".
Go Lynn go!
I don't know if I know the song, but the name Scranton is far better known across the state.
If he wins the primary, he will lose the general. If Fast Eddie is caught in a hotel room with a young girl and a goat, maybe we have a chance. (maybe not though)
But this is PA. He will get re-elected by a large margin.
He's got to be better than Rendell. (that ain't saying much, though)
"It was just after dark when the truck started down the hill that leads into Scranton, Pennsylvania."
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