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zengrifter · #1 January 24th, 2008, 09:36 PM

January 24, 2008
Ron Paul Unveils a REAL Economic Stimulus Plan

Four-pronged approach will strengthen the economy by reforming taxes, cutting spending,
improving monetary policy and eliminating burdensome regulations

FOR IMMEDIATE RELEASE

January 24, 2008

ARLINGTON, VIRGINIA –Republican presidential candidate Ron Paul has unveiled a comprehensive economic revitalization package. The four-pronged plan is designed to stem the current economic slide and address the unsound governmental policies that are harming Americans’ pocketbooks.

“Real economic reform must address the underlying reasons for the current economic malaise,” said Ron Paul. “This plan is more than just a band-aid for our economy; it fundamentally reforms four areas where government policies are damaging our national economy. When enacted, my plan will provide both short-term stimulus, and lay the groundwork for long-term prosperity.”

The comprehensive economic revitalization plan is available online at: http://www.RonPaul2008.com/Prosperity.

The four areas that the plan covers are:

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 with 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.

Congressman Paul has written or co-sponsored numerous bills to enact the policies in his plan. In Congress, he has been a champion of lower taxes and limited government.

Congressman Paul is the ranking member on the House Financial Services Committee's Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. In Congress, Dr. Paul has never voted for a tax increase or for an unbalanced budget.

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moo321 · #2 January 24th, 2008, 11:30 PM

SOME of Sarbanes Oxley needs to be reformed, because it's probably one of the worst regulatory laws in decades. But, having the CEO and CFO be responsible for the financial statements makes sense. They get paid plenty of money to put their asses on the line.

Guynoire · #3 January 25th, 2008, 01:12 PM

The government taxes on dividends, capital gains, death, and tips are probably the 4 things I hate about the government the most. Unless another candidate can offer to remove them he’s got my vote.

ChefJJ · #4 January 25th, 2008, 02:05 PM

Quote:

Originally Posted by Guynoire

The government taxes on dividends, capital gains, death, and tips are probably the 4 things I hate about the government the most.

I agree...whole-heartedly with the first item.

Especially being taxed on dividends for domestic corporations...it's like being punished for investing in our own economy. And I imagine that the corporations' earnings are already taxed at least once before they get cut down to share owners like us. Unbelievable!

sagefr0g · #5 January 25th, 2008, 02:28 PM

Quote:

Originally Posted by ChefJJ

I agree...whole-heartedly with the first item.

Especially being taxed on dividends for domestic corporations...it's like being punished for investing in our own economy. And I imagine that the corporations' earnings are already taxed at least once before they get cut down to share owners like us. Unbelievable!

ahmen. i mean tax a little guy who has some investment and makes a capital gain. are they going to give you a equitable tax break on stock loss?
it's outrageous!

moo321 · #6 January 25th, 2008, 03:44 PM

Quote:

Originally Posted by ChefJJ

I agree...whole-heartedly with the first item.

Especially being taxed on dividends for domestic corporations...it's like being punished for investing in our own economy. And I imagine that the corporations' earnings are already taxed at least once before they get cut down to share owners like us. Unbelievable!

Yes, C corporations are subject to an income tax, and that after-tax money is subject to dividends taxes once it goes to investors. One of the worst tax structures in the world; and we wonder why no one headquarters here anymore!