To: rdb3
I have read your comments and modified them as I deemed approporiate. In many other posts in the past I had number 5. stating the goal to cover the entire nation. I also at times brought in the fact that number 5 would have some ex3emptions from corporate regulation.
1. Get rid of government subsidies for offshore investment of US companies. OPIC is the first such program which should go but support of World Bank programs that subsidize the outflow of Capital would be another.
2. Use tariffs on those nations which are engaged in unfair trade practices such as currency manipulation (China and India for example), those nations which refuse to open their markets to US products (China for example with its 50% tariffs on US consumer goods and non tariff barriers), those nations that subsidize competition to American Industry (airbus for example) and those nations which have slave conditions for their workers.
3. Use tariffs and other means to prevent the relocation of jobs offshore that are essential to the national defense. If necessary take control of the company seeking to export vital technology or industry by means of eminent domain (No I do not like this last option and I will only defend its use as an absolute last resort like say in the case of rare earth magnets essential to smart bomb technology).
4. An immediate end to guest worker programs. If people wish to come to the USA to work and make a life let them immigrate according to the rules.
5 Provide economic development zones where the corporate income tax is zero for operations within these zones. In order to operate in this zone a company must agree to only purchase American components if available and employ only American citizens or legal immigrants in these operations. These economic development zones shall be eventually be expanded to include every bit of every state once the benefits are shown I would like them to be totally implemented immediately but I realize4 that may be overreaching.
6. Scale back unnecessary regulation.
7. Increase the domestic content in purchases by the Department of defense and give absolute preference in non-domestic content to proven allies of the USA over say the French or Germans. The only reason any content for DOD purchase may come from non uS allies is that content is not available elsewhere and is essential.
8. Do not allow expense involved in moving operations overseas to be included in business expenses under the IRS code.
9. Prosecute for perjury anyone who has made a false statement in order to employ an H1B or L1 visa worker. I will be lenient on the actual perjurer if he/she was ordered to make this false statement and he/she provides testimony to aid in the conviction of the person ordering the perjury. Just because a person is a CEO does not give them a pass on criminal behavior.
10. Prosecute anyone who orders the transfer of vital defense technology overseas except to strong allies of the USA. The UK and Australia come to mind as meeting these criteria first.
11. Institute a cap on punitive damages, limits on class action suits, and limits on liability to the actual percentage of liability with no plaintiff able to collect if said plaintiff was involved in the commission of a felony at the time of the alleged tort or was more than 49% negligent in the alleged tort. Note that the loser in a frivolous lawsuit shall pay the attorney fees of the winner.
12. Deport all illegal aliens immediately and take measures that prevent the entry of any more illegal aliens. Fine all companies knowingly employing illegal aliens Criminal sanctions should be imposed on anyone helping an illegal alien stay in the USA in violation of our laws.
13. Decrease the punishing levels of taxation on companies and eliminate the double taxation on Corporate dividends. See effects of item 5 for how minimal this will be if item 5 covers the entire USA
14. Eliminate the minimum wage so that the worker can be paid based on productivity. Overtime compensation will remain the same but instead of 150% of the "wage" the worker would receive 150% of the production pay.
Now a couple of points need to be noted. I consoder 14 superfulous because with teh other points no inbe in the USA will be amking inly the minimum wage.
I note that my number 3 was reluctantly put in and reluctantly agreed to by you do you have a better option?
On 4 I did not desire to put the word only in due to the remote possibility that a general revenue tariff would be proposed instead of specific tariffs. said general revenue would be used to reduce individual income taxes. Remote possibility of enactment but not something I would wish to preclude out of hand.
regarding number 7 I have rewritten it so that it allows the DOD to get what might not be available anywhere else.
Regarding number ten thet reason provisions being what they are and the definition of enemy being what it is treason might be an excuse to not prosecute someone who say tranfered crytography information to say the PRC since we are not now in a declared state of war with them.
Regarding numbers 9 and 12 I am keeping them separtate becuasde I believe there are enough differences to jjustify separtaing them.
421 posted on
08/14/2003 12:28:37 PM PDT by
harpseal
(Stay well - Stay safe - Stay armed - Yorktown)
To: harpseal; Texas_Dawg; Poohbah; mhking
My concerns are completely addressed. I stand behind these 14 planks for an economic platform.
432 posted on
08/14/2003 12:52:02 PM PDT by
rdb3
(I'm not a complete idiot. Several parts are missing.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson