OSR stands with Israel
Computer89
Atlas Legend
Posts: 44,357
Political Matrix E: 3.42, S: 2.61
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« on: December 10, 2017, 06:58:57 PM » |
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« edited: December 10, 2017, 07:16:57 PM 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 ):
12% : $ 0-$100,000 22.5% : $ 100,000- $250,000 27.5% : $ 250,000 - $500,000 35%: $ 500,000- $1,000,000 39.6%: More than a million
Stanard Deduction: Double it
How to pay for tax cut : - Remove Carried Interest Loophole - Get rid of the Offshore Tax Deferral 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 the president must sign it or veto it fully)
Healthcare Cost Reform: 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 the retirement age to 68(phase in over the next 20 years)
- raise the cap for the payroll tax
-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)
- Use a lot of that money to fund green infrastructure projects in Appalachia and the South
Education Cost Reform:
- Limit the number of student loans to cover the cost of an in-state 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 11.50 dollars in urban areas , 9.75 dollars in rural areas(Inflation adjusted)
- Hire people who are on welfare to work on an infrastructure project(this should reduce unemployment rate)
Trade Reform :
- Do Trade agreements with individual countries instead of doing multilateral trade agreements
- Have stricter trade regulations on countries with significantly lower labor standards than with countries with labor standards on par with the US or higher.
Regulatory Reform: - Reinstate Glass Stegall
- Require all new regulations to be approved by an independent board (there will be 6 members on this board: 1 member appointed by the President, 1 member appointed by the Speaker of the House, 1 member appointed by the Senate Majority Leader, 3 members appointed by the Governors(The majority party gets to select 2 members, the minority party 1 member) and the member appointed by the President gets to break ties)
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