Pro-Growth = flat tax
Larry Kudlow at National Review Online:
"The handwriting is now on the wall. A huge part of the 2012 campaign will be pro-growth tax reform versus 'fairness,' redistribution, and soak-the-rich. In a stalled-out economy, I’ll take the supply-side bet anytime. Pro-growth, flat-tax reform is going to win.
Kudlow waxes poetic about a potential future:
"An era when success is rewarded, not punished. An era when consumption is taxed more while saving and investment are taxed less. An era when capital formation rises from the ashes to produce a new surge in productivity, jobs, and real incomes. An era when simplicity trumps $450 billion in compliance costs; when a new Republican party means business when it says it will drive a stake through a tax code that has been a ball-and-chain to the economy."
More:
"And all these ideas would represent a complete reversal from Obama’s vision of taxing the rich and penalizing successful small-business owners. In fact, on taxes, regulations, spending, and monetary policy, the expected GOP economic platform will represent a total repudiation of Obamanomics — a stark contrast for voters."
"The handwriting is now on the wall. A huge part of the 2012 campaign will be pro-growth tax reform versus 'fairness,' redistribution, and soak-the-rich. In a stalled-out economy, I’ll take the supply-side bet anytime. Pro-growth, flat-tax reform is going to win.
The stock market gets this. The flat tax is bullish. In late September, Herman Cain trumpeted his 9-9-9 flat-tax/fair-tax hybrid reform plan at the Orlando, Fla., debate. Since early October, stocks have come out of their funk, rising 12 percent."
As I watch Mitt touch Rick and Rick react and the media focus while pundits scratch their heads over Herman Cain's rise in the polls I remind myself: a successful candidate must be for things. I have no problem with politicians pointing out the problems with another politician's plans but that is best accomplished in contrast with a good plan.Kudlow waxes poetic about a potential future:
"An era when success is rewarded, not punished. An era when consumption is taxed more while saving and investment are taxed less. An era when capital formation rises from the ashes to produce a new surge in productivity, jobs, and real incomes. An era when simplicity trumps $450 billion in compliance costs; when a new Republican party means business when it says it will drive a stake through a tax code that has been a ball-and-chain to the economy."
More:
"And all these ideas would represent a complete reversal from Obama’s vision of taxing the rich and penalizing successful small-business owners. In fact, on taxes, regulations, spending, and monetary policy, the expected GOP economic platform will represent a total repudiation of Obamanomics — a stark contrast for voters."
Posted by Cultural Offering at 10/22/2011 6:43 AM 
Categories: Republicans, TAXES, Economy, Conservatism
Categories: Republicans, TAXES, Economy, Conservatism
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