Still hoping there is intelligent life somewhere in the universe - I like most of it, reduces tax burden on poor, encourages savings and currency competition, support
[Recent Entries][Archive][Friends][User Info]
[Austin Indy Media]
[Narco News]
[Project Censored]
[Raw Story]
[321 Gold]
[Global Research]
[Carolyn Baker blog spot]
[Onine Journal]
[Corp Watch]
[Information Clearinghouse]
[Guerilla News Network]
[APMEX-for gold and silver]
[Yahoo news]
[Truth Out]
[The Daily Reckoning]
[Catherine Fitts Blog]
[GATA(Gold Anti-Trust Action)]
[Life After the Oil Crash]
[Blacklisted News]
[Financial Sense]
[Energy Bulletin]
[What really happened]
[Dimitri Orlov]
[Peak Oil Blues]
[Of Two Minds]
[Counter Punch]
[Misch Global Economic Report]
[Financial Armageddon]
[Mike ruppert blog]
|
11:34 am
[Link] |
I like most of it, reduces tax burden on poor, encourages savings and currency competition, support
Ron Pauls Economic Revitalization Plan
Introduction
America became the greatest, most prosperous nation in
human history through low taxes, constitutionally
limited government, personal freedom and a belief in
sound money. We need to return to these principles so
our economy can thrive again. When enacted, my plan
will provide both short-term stimulus and lay the
groundwork for long-term prosperity.
Other candidates talk a lot about stimulus packages,
but my record stands alone. I have fought for these
measures for years as a member of Congress and will
make them a top priority as president.
Ron Paul, a 10-term Republican Congressman from
Texas's 14th District, is currently the ranking member
of the House Financial Services Committee's
Subcommittee on Domestic and International Monetary
Policy, Trade, and Technology. He has been named
"Taxpayers' Best Friend" for 10 consecutive years by
the National Taxpayers' Union. Ron Paul is also the
author of several books on monetary policy and
economics.
The Four-Point Plan
1. Tax Reform: Reduce the tax burden and eliminate
taxes that punish investment and savings, including
job-killing corporate taxes.
2. Spending Reform: Eliminate wasteful spending.
Reduce overseas commitments. Freeze all non-defense,
non-entitlement spending at current levels.
3. Monetary Policy Reform: Expand openness at the
Federal Reserve and require the Fed to televise its
meetings. Return value to our money.
4. Regulatory Reform: Repeal Sarbanes/Oxley
regulations that push companies to seek capital
outside of US markets. Stop restricting community
banks from fostering local economic growth.
1. Tax Reform
* Eliminate Taxes on Dividends and Savings. The basis
of capitalism is savings, and Americans who do so
should be rewarded.
o Pass HJ Res. 23 to encourage savings over
consumption.
* Repeal the Death Tax. Attacking small businesses and
breaking up family farms smothers growth and kills
jobs.
o Pass H.R. 2734 to make the Bush tax cuts permanent.
* Cut Taxes for Working Seniors. Grandmothers and
grandfathers working to make ends meet should keep all
the fruits of their labor.
o Pass H.R. 191 to amend the Internal Revenue Code of
1986 to repeal the inclusion in gross income of Social
Security benefits.
* Eliminate Taxes on Social Security Benefits. That
money belongs to seniors, not the government. They
paid into the system for a lifetime, and they should
be free to spend every penny as they see fit.
o Pass H.R. 192 to amend the Internal Revenue Code of
1986 to repeal the 1993 increase in taxes on Social
Security benefits.
* Accelerate Depreciation on Investment. We need to
help companies grow and create jobs.
o Pass H.R. 4995 to amend the Internal Revenue Code of
1986 to reduce corporate marginal income tax rates.
* Eliminate Taxes on Capital Gains. Investment should
be embraced and rewarded.
o Pass H.J. Res 23 (The Liberty Amendment),
proposing an amendment to the Constitution of the
United States relative to abolishing personal income,
estate, and gift taxes and prohibiting the United
States Government from engaging in business in
competition with its citizens.
* Eliminate Taxes on Tips.The single parents and
working students who earn their income chiefly through
tips deserve to keep all of their money. This tax on
"estimated income" is unfair and should be ended.
o Pass H.R. 3664 to amend the Internal Revenue Code of
1986 to provide that tips shall not be subject to
income or employment taxes.
* Support the Mortgage Cancellation Relief Act.
Working families who lost their homes should not be
punished a second time with a big IRS bill.
o Pass H.R. 1876 to amend the Internal Revenue Code of
1986 to exclude from the gross income of individual
taxpayers discharges of indebtedness attributable to
certain forgiven residential mortgage obligations.
2. Spending Reform
* Reduce Overseas Military Commitments. Our bases and
troops should be on our soil.
o It's time to stop subsidizing our trading partners
in Europe, Japan and South Korea.
* Freeze Non-Defense, Non-Entitlement Spending at
Current Levels
o I vote against all bloated, pork laden spending
bills and will veto them as president.
3. Monetary Policy Reform
* Televise Federal Open Market Committee Meetings. An
institution as powerful as the Federal Reserve
deserves full public scrutiny.
* Expand Transparency and Accountability at the
Federal Reserve
o Pass H.R. 2754 to require the Board of Governors of
the Federal Reserve System to continue to make
available to the public on a weekly basis information
on the measure of the M3 monetary aggregate and its
components.
* Return Value to Our Money. Legalize gold and silver
as a competing currency.
o Level the long-term boom and bust business cycle by
passing H.R. 4683, which would repeal provisions of
the federal criminal code relating to issuing coins of
gold, silver, or other metal for use as current money
and making or possessing likenesses of such coins.
4. Regulatory Reform
* Repeal Sarbanes/Oxley. It has seriously wounded our
capital markets and helped make the UK a financial
center at our expense.
o Ending these misguided regulations would bring jobs
flooding back to the United States
o Pass H.R. 1049 to reform Sarbanes-Oxley and reduce
the burden it places on small businesses.
* Repeal or Remove Costly and Unnecessary Federal
Regulations. Neighbors know best how to help their
neighbors.
o We need to make it easier for community banks,
credit unions, and other financial institutions to
better serve their communities and to help people in
these communities get access to credit and capital.
o Pass H.R. 1869 to enhance the ability of community
banks to foster economic growth and serve their
communities, boost small businesses, increase
individual savings, and for other purposes.
____________________________________________________________________________________
Looking for last minute shopping deals?
Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping
|
|
![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small}
kwitsach_hadera's journal
