OSR stands with Israel
Computer89
Atlas Legend
Posts: 44,751
Political Matrix
E: 3.42, S: 2.61
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« on: October 08, 2017, 03:24:57 PM » |
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« edited: October 09, 2017, 01:14:56 AM by Old School Republican »
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Tax Policy:
- Cut the top Business tax rate to 25%(this rate applies to any business which have 3 or more employees outside the owners family).
Make these as the rates:
0%: $0-$100,000
10%: $100,000- $500,000
15%: $500,000-$ 2,500,000
20%: $2,500,000-$ 5,000,000
22.5%: $5,000,000- $10,000,000
25%: $10,000,000- $20,000,000
Over 20,000,000 (a flat rate of 22.5%)
- Have the Income rates be(for Joint ):
0% : $0 -$30,000
15% : $30,000-$75,000
20% : $75,000 - $150,000
25% : $150,000 - $ 300,000
30% : $ 300,000- $600,000
35%: $ 600,000- $1,000,000
39.6%: More than a million
-Keep the itemized deductions
How to pay for tax cut :
- Remove Carried Interest Loophole
- Put a 25% wealth tax on off shore tax havens in the first year you collect taxes from those havens
- Make Companies who outsource jobs pay a higher tax then those who dont
Budget Policy:
- Cut Military Spending by 15% over the next 10 years
- end all Pork Barell Spending
- Give the President a Line Item Review Power(Which means after the president uses this new line item power the revised bill goes back to congress for an up and down vote , and if the revised bill fails the original bill goes back to the President where he must sign it or veto it fully)
How to reduce healthcare costs: Allow Prescription Drugs to be imported from Canada , and use that to lower drug prices in the US. Also open up state lines to lower cost of insurance.
Social Security: Raise retirement age to 68, raise the cap for the payroll tax , and lower benefit to rich retirees .
Infrastructure:
- Invest between 500 billion - 1 trillion in Infrastructure over next 10 years (Use tax money you got from the offshore havens to pay for this , and some of the cuts in military spending)
Education Cost Reform:
- Limit the amount of student loans to cover the cost of an instate college(So around 20k-25k a year per student).
- Give companies tax breaks who pay for part or all of the cost of college for a student.
Reduce the costs of Welfare:
- Raise Min Wage to 10.50 (Inflation adjusted)
- Hire people who are on welfare to work on an infrastructure project(this should reduce unemployment rate)
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