Ron Paul: Cut Spending Overseas! Don’t Punish Innocent People at Home
source: http://www.ronpaul.com/2012-01-30/ron-paul-cut-spending-overseas-dont-punish-innocent-people...
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- JRBarilla
- added this
http://www.ronpaul.com/2012-01-30/ron-paul-cut-spending-overseas-dont-punish-inn...
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Milieu
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All excellent cuts aimed at the 99%. But Goddess Ayn Rand forbid we raise taxes of the 1%.
"And in a noticeable nod to seniors during an election year, when Social Security’s become an issue within the Republican presidential primaries, the campaign says that plan “honors our promise to our seniors and veterans, while allowing young workers to opt out.”
The federal workforce would be reduced by 10 percent, and the president’s pay would be cut from $400,000 to $39,336 — a level that the Paul document notes is “approximately equal to the median personal income of the American worker.”
Paul would also make far-reaching changes to federal tax policy, reducing the top corporate income tax rate to 15 percent, eliminating capital gains and dividends taxes and allowing for repatriation of overseas capital without tax penalties. All tax cuts enacted under former President George W. Bush would be extended.
And like the rest of his GOP rivals, Paul would repeal President Barack Obama’s health care reform law, along with the Dodd-Frank financial regulatory reform law enacted last year. A longtime Federal Reserve critic, Paul would also push a full audit of the central bank, as well as legislation to “strengthen the dollar and stabilize inflation.”
- 4 months ago
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Milieu
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COMMONSENSEFORCOMMONGOOD_COM
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Even crazy people have brilliant ideas some times.
- 4 months ago
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COMMONSENSEFORCOMMONGOOD_COM