Saturday, February 21, 2009

Abolish Taxes on Capital Gains.

“Government Can and Must Provide Opportunity, Not Smother It”

Government’s role, as Reagan understood it, was to give Americans real incentives to work hard, invest and create jobs -- incentives like keeping more of what we earn and the power to create and own our own businesses.

This is how Reagan put it in his first inaugural address:

“Government can and must provide opportunity, not smother it; foster productivity, not stifle it.”

In the spirit of Ronald Reagan, 12 American Solutions for Jobs and Prosperity puts its faith in the people, not the government.

Our plan isn’t more money for more government, more power for politicians and more make-work for bureaucrats.

It’s a clear and decisive alternative that creates jobs, rewards work and encourages savings and investment.

12 American Solutions for Jobs and Prosperity

1. Payroll Tax Stimulus. With a temporary new tax credit to offset 50% of the payroll tax, every small business would have more money, and all Americans would take home more of what they earn.
2. Real Middle-Income Tax Relief. Reduce the marginal tax rate of 25% down to 15%, in effect establishing a flat-rate tax of 15% for close to 9 out of 10 American workers.
3. Reduce the Business Tax Rate. Match Ireland’s rate of 12.5% to keep more jobs in America.
4. Homeowner’s Assistance. Provide tax credit incentives to responsible home buyers so they can keep their homes.
5. Control Spending So We Can Move to a Balanced Budget. This begins with eliminating congressional earmarks and wasteful pork-barrel spending.
6. No State Aid Without Protection From Fraud. Require state governments to adopt anti-fraud and anti-theft policies before giving them more money.
7. More American Energy Now. Explore for more American oil and gas and invest in affordable energy for the future, including clean coal, ethanol, nuclear power and renewable fuels.
8. Abolish Taxes on Capital Gains. Match China, Singapore and many other competitors. More investment in America means more jobs in America.
9. Protect the Rights of American Workers. We must protect a worker’s right to decide by secret ballot whether to join a union, and the worker’s right to freely negotiate. Forced unionism will kill jobs in America at a time when we can’t afford to lose them.
10. Replace Sarbanes-Oxley. This failed law is crippling entrepreneurial startups. Replace it with affordable rules that help create jobs, not destroy them.
11. Abolish the Death Tax. Americans should work for their families, not for Washington.
12. Invest in Energy and Transportation Infrastructure. This includes a new, expanded electric power grid and a 21st Century air traffic control system that will reduce delays in air travel and save passengers, employees and airlines billions of dollars per year.

I’ve already heard from thousands of Americans who believe that this is the kind of change our economy needs right now.

I’d love to hear from you. Please send me your thoughts about 12 Americans Solutions for Jobs and Prosperity using the suggestion box at www.americansolutions.com/jobs.

It’s not too late to be a part of real change for America. When Washington’s latest big government gamble fails, we’ll be ready to put our money on a sure thing: Real solutions for the American people.

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