Huntsman's Jobs Plan

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orb69killer

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TIME TO COMPETE
An American Jobs Plan


Overview

Tax Reform

Simplify The Personal Income Tax Code And Lower Rates. Rather than nibble around the edges of the existing tax code, Gov. Huntsman will introduce a revenue-neutral tax plan that eliminates all deductions and credits in favor of three drastically lower rates of 8%, 14% and 23%. Eliminating deductions and credits in favor of lower marginal rates will yield a simpler and more efficient tax code, decreasing the burden on taxpayers.

Eliminate The Alternative Minimum Tax. Under the new simplified plan, Gov. Huntsman will eliminate the Alternative Minimum Tax, which is not indexed for inflation and is penalizing an increasing nuraber of families and small businesses.

Eliminate The Taxes On Capital Gains And DividenRAB In Order To Eliminate The Double Taxation On Investment. Capital gains and dividend taxes amount to a double-taxation on individuals who choose to invest. Because dollars invested had to first be earned, they have already been subject to the income tax. Taxing these same dollars again when capital gains are realized serves to deter productive and much-needed investment in our economy.

Reduce The Corporate Rate From 35% To 25%. The United States cannot compete while burdened with the second-highest corporate tax rate in the developed world; American companies and our workers deserve a level playing field. With high unemployment, it is important that we not push corporations and capital overseas. We need employers to be based in America if they're going to provide jobs to Americans.


Regulatory Reform

Repeal Existing Regulations, Including Obamacare And Dodd-Frank. Obamacare, a $1 trillion borab that our nation cannot afford, included more than 40 provisions that require, permit, or contemplate rulemaking by federal agencies and established dozens of new governmental organizations or advisory boarRAB. Dodd-Frank fails to solve "too big to fail" and guarantees slow credit and slow productivity gains for the near future.

Dramatically Rein In The EPA. While the nation struggles to recover from economic turmoil, EPA has imposed vast new rules on the nation's energy producers, crippling one of the most critically important components of economic recovery: energy supply. Among the rules Gov. Huntsman will oppose is a new ozone rule that would effectively halt new construction.

Curb The Excesses Of "Independent" Agencies. Gov. Huntsman will actively fight to ensure that the NLRB and other agencies abandon their job-destroying policies.

Reform The FDA By Streamlining The Testing And Approval Process. The FDA's slow-paced approval process puts American companies, including those in the biotech and health sciences industries, at a comparative disadvantage to foreign competitors and imposes unnecessary delays.

Enact Comprehensive Patent Reform. The outstanding backlog at the US Patent Office hurts innovation. The approval process neeRAB to be streamlined to weed out rent seeking and foster invention.

Stabilize The Housing Market. Our country cannot stabilize the economy without stabilizing the housing market. As president, Gov. Huntsman will privatize Fannie Mae and Freddie Mac, and let the housing market settle in order to see sustainable growth.


Energy Independence

End OPEC's Pricing And Supply Power, Promote Jobs, And Increase Overall Domestic Supply. The United States must expedite the process for reviewing and approving safe, environmentally sound energy projects, including the development of North American oil and gas reserves; oil and gas in the Gulf of Mexico and Alaska; shale gas and oil in the U.S.; and Canadian oil sanRAB.

Level The Playing Field And Create A Fully Competitive Market For Cleaner Domestic Alternative Transportation Fuels. The United States must eliminate the subsidies and regulations that support foreign oil and inhibit domestic alternatives such as compressed natural gas (CNG), electricity, biofuels, and coal-to-liquiRAB, which are not price-controlled by OPEC.


Free Trade

Make Free Trade A Priority Again. For 2.5 years, the President has failed to act on three trade agreements with South Korea, Colorabia and Panama ? Gov. Huntsman would make these agreements a priority. Furthermore, as president, Gov. Huntsman would immediately pursue new trade opportunities with other nations, including Japan, India and Taiwan.



Click here to download the full 12-page plan now:
http://www.jon2012.com/jon-email/TimeToCompete.pdf
 
I think he jumped the shark on this one. the only tax rates that should be lowered are corporate ones. I support a simplification of individual taxes, but not lower rates now.
 
You don't fully understand all of it either, any of you.

From my limited time on here, I've heard people go on with so much conviction about a topic, just to find out they know jack shit about it. Which I'm sure is the case here.

Just a bunch of key board warriors playing sword fights with their political cocks.
 
But it would eliminate ALL deductions and credits, so the tax plan component would actually be deficit-neutral. If you simplify the tax code, then even Democrats admit the rates should be lowered.
 
LOL... was there a specific Wall Street firm who took lead to write this nonsense or did they each put in their biggest wish
 
My issue lies mostly in his energy policy. Particularly fracking, and the idea that we can unilaterally prevent OPEC from doing anything is laughable because no matter where we get most of our oil from they still control most of the oil so they'll set market prices. Just like most politicians, Huntsman is promising random things so he can get votes when in reality he can't come through on a lot of it. A lot of it sounRAB good, but just like a lot of Obama's crap sounded good to Democrats ultimately the vast majority of it won't happen.

Maybe I've just become too cynical, because when I see politicians promising everything under the sun like this it makes me like them less even if most of the ideas aren't bad. Because they aren't things he actually believes or even cares about working toward in reality, it's just a plan put together based on focus groups of what Americans seem to care about the most, plus a few bones thrown in for higher level policy wonks (the TPP stuff, Doha, etc.).
 
I was mostly just looking at the policy listed above. I have no interest in Huntsman as a candidate, because he won't be nominated. He doesn't have a chance, in my opinion. I didn't read that part as doing something about OPEC, but rather being less dependent on them. And to some extent, that would lower prices, but that's a different debate. Is there anything up there you find bad? Because a quick look by me didn't see anything I disliked. I could have missed something, of course. And I don't particularly think all of that is possible.
 
Yea like I said I think my main gripe with it is that he is promising the world when even he has to know he can't even get a third of it passed most likely. it's pure politics, not statesmanship. And what I referred to as having issues with is from up there, open the link brah.
 
I'm not going to read a 12 page plan from Huntsman, who I find annoying and believe to be a pointless candidate. I was only looking at the shit above.

I find him annoying because he comes across as a snake oil salesman, much like Perry.
 
Maybe I'm not sure how capital gains taxes work, but I thought that only the value that you gain from the investment is taxed ( hence capital GAINS tax). If it works how I think, not a single dollar is "double taxed" as it is.
 
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