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To: DredTennis
2) Eliminate all farm subsidies, quotas, and price supports. Eliminate all tariffs. Eliminate all budget earmarks. Eliminate all corporate welfare......

Define "corporate welfare". And the elimination of farm subsidies would need to be done in a smart way. Expensive food is bad for America.

4) Phase out all forms of capital income taxation, including the corporate income tax, and replace them with a carbon tax, including a gasoline tax. "Savings and investment boost economic growth, but when it comes to energy, global warming threatens as a major problem and our dependence on Middle Eastern oil damages our foreign policy."

Phasing out capital income taxation, good. Replacing this with carbon / gas tax, bad.
4 posted on 10/18/2006 3:37:52 PM PDT by Jaysun (Idiot Muslims. They're just dying to have sex orgies.)
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To: Jaysun

"And the elimination of farm subsidies would need to be done in a smart way. Expensive food is bad for America"

Food prices would drop in the long run without subsidies and price controls. Those subsidies don't make any sense from a free market system. The same would be true for steel subsidies and prices controls, etc. All of it should be eliminated.


6 posted on 10/18/2006 3:48:01 PM PDT by Hendrix
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To: Jaysun
Corporate welfare could be defined as giving businesses tax breaks and government subsidies to influence market behavior. The fact is that if you need Uncle Sam to support a market then that market doesn't really exist.

Look at the pharma industry as a huge example of welfare. They are allowed to sponge off of the NIH for formulations and then spend huge amounts of money on marketing and sales expenses. They cry about having no incentive to do R&D if the government instills price controls but since the NIH is doing so much R&D for them why should they spend their own coin?
8 posted on 10/18/2006 3:51:48 PM PDT by misterrob (Bill Clinton, The Wizard of "Is")
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