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Full title: Why Gingrich's Tax Plan Beats Romney's -Newt's flat tax would do a lot more to attract capital, spur growth and reduce compliance costs.
1 posted on 01/30/2012 10:06:09 PM PST by Nachum
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To: Nachum

Over the weekend, I got an e-mail from a friend who was at a mall. He specifically asked a manager of a clothing store if any of their clothes are made in the US.

Answer: “No.”


2 posted on 01/30/2012 10:09:24 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: Nachum

“Mr. Gingrich has a significantly better plan than does Mr. Romney”

Just about everything Newt proposes is better than Romney. And, unlike Romney, Newt has the experience working in Washington to get his plans enacted.

Romney will just manage the decline.

Newt will reverse the decline and restore America.

With Mitt as the nominee Romneycare will make Obamacare a non-issue.

Romney will be cast as the $250 million dollar elite that he is — the perfect punching bag for class warfare rhetoric.

And as we know, Romney comes across as a duffus — awkward, suspiciously guarded, faking a grin as if he doesn’t want us to find out what is really behind his plans.

While Obama will not directly attack his religion, we know that Mormonism will be an issue. There are already website that make fun of his Mormonism. He was a pastor (bishop) in his ward. The attacks will sound like this: “How can you vote for a guy who thinks he is a future god? Who has spirit wives and believes God has a physical body and lives on the planet Kolob?”


3 posted on 01/30/2012 10:28:42 PM PST by garjog (If not Newt, who?)
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To: Nachum

I’m always amazed how they (politicians) pull a taxing percentage out of their asses.

Flat tax all around, I don’t think so. Because the little people will end up paying corporate taxes via price increases.

Make it a flat tax for businesses and a commodity-less consumption tax for the little people. This way Congress get a steady inflow of taxes from business and Congress has to figure out how not to interfere with consumers buying or they will hurt their own tax receipts.

I don’t see where Congress needs more taxing power of GDP than 10%...ever, except for self defense, in which case Congress would probably declare (economic) war via so called foreign countries’ price attacks and then continuously hold the tax rates at 50%.

None of this really matter if the banking system melts down tomorrow. Of course that will be a chance to start over again and Congress can go back to spending more than they take in.


4 posted on 01/30/2012 10:37:52 PM PST by Razzz42
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To: Nachum

This is one issue where Gingrich holds a serious advantage over Romney and Santorum whose plans are very complex.


7 posted on 01/31/2012 5:29:43 AM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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