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The Giuliani Tax Cut by Steve Forbes (WSJ)
Wall Street Journal ^ | Jan. 24, 2008 | Steve Forbes

Posted on 01/23/2008 11:51:04 PM PST by FocusNexus

There is a lot of talk about change in this year's presidential race. But if Washington is truly broken, as many Americans think it is, then it doesn't merely need to be changed. It needs to be fixed. And the man who fixed up New York is ready to fix up Washington.

Rudy Giuliani has proposed the largest tax cut in modern American history and a dramatic simplification of the tax code. His proposal has received broad support from fiscal conservatives in Washington; yesterday it was introduced as legislation by Reps. David Dreier and Roy Blunt, and by Sen. Christopher Bond. Since Fred Thompson has dropped out of the race, there's no question which candidate offers the best tax plan, or is the best spokesman for advancing the tax-reform cause.

The FAST form is the centerpiece of Mr. Giuliani's tax plan, but it contains many other advantageous features. He will make the Bush tax cuts permanent. He will cut the corporate tax rate, currently second-highest in the industrialized world, to 25% from 35%, helping American businesses compete while protecting and creating American jobs. He will reinstate the Research and Development Tax Credit, a spur to American innovation that Democrats recently let expire. He will repeal the death tax, which unfairly forces relatives of the recently deceased to sell small family farms or businesses to pay the tax collector. He will cut the capital gains tax to 10% from 15%, sparking private-sector investment and economic prosperity. And he will index the Alternative Minimum Tax for inflation and put in on the course to eventual elimination.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Editorial; Politics/Elections
KEYWORDS: elections; forbes; giuliani; taxes
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1 posted on 01/23/2008 11:51:06 PM PST by FocusNexus
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To: FocusNexus

Just say NO to Rudy!


2 posted on 01/23/2008 11:54:56 PM PST by SoConPubbie
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To: FocusNexus

Steve Forbes is an “elitist” Republican who truly believes in amnesty for illegal immigrants for cheap labor purposes.


3 posted on 01/23/2008 11:57:37 PM PST by johnthebaptistmoore
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To: SoConPubbie
he's not the only supply sider in the race...

4 posted on 01/23/2008 11:57:38 PM PST by ari-freedom (Hillary thinks it takes a white village to raise your child.)
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To: SoConPubbie

“Just say NO to Rudy!”

Translation: Elect Hillary!

Hillary will steamroll Romney or McCain.

The Dems are the happiest that Rudy’s numbers have dropped. He is the only one they are really afraid of.


5 posted on 01/24/2008 12:00:58 AM PST by FocusNexus
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To: FocusNexus
"Geef the peeples backa their money, but take away their guns, kill their babies, open their borders, and let the homos teach their kids in school."

I like Steve Forbes, but he's wrong on this guy.
6 posted on 01/24/2008 12:02:12 AM PST by farmer18th
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To: FocusNexus
The Dems are the happiest that Rudy’s numbers have dropped. He is the only one they are really afraid of.

Because he's just as much a demagogue as they are.
7 posted on 01/24/2008 12:08:35 AM PST by farmer18th
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To: FocusNexus

Nothing new. He just basically stole Fred’s plan and put a few more words in. Now he wishes to try draw votes from Fred’s supporters, which is why he said, “now that Fred Thompson is out of the race....”. Too late for that now, he’s toast, done, gone, kaput.


8 posted on 01/24/2008 12:09:26 AM PST by gpapa ("My idea of gun control is a good, steady aim" - Fred Thompson)
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To: FocusNexus

he’s the only one pro-life conservatives are really afraid of too


9 posted on 01/24/2008 12:13:42 AM PST by ari-freedom (Hillary thinks it takes a white village to raise your child.)
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To: farmer18th

Which of these do you specifically disagree with?

Rudy’s Position — 12 Commitments

1. I will keep America on offense in the Terrorists’ War on Us.

2. I will end illegal immigration, secure our borders, and identify every non-citizen in our nation.

3. I will restore fiscal discipline and cut wasteful Washington spending.

4. I will cut taxes and reform the tax code.

5. I will impose accountability on Washington.

6. I will lead America towards energy independence.

7. I will give Americans more control over and access to health care with affordable and portable free-market solutions.

8. I will increase adoptions, decrease abortions, and protect the quality of life for our children.

9. I will reform the legal system and appoint strict constructionist judges.

10. I will ensure that every community in America is prepared for terrorist attacks and natural disasters.

11. I will provide access to a quality education to every child in America by giving real school choice to parents.

12. I will expand America’s involvement in the global economy and strengthen our reputation around the world.


10 posted on 01/24/2008 12:26:38 AM PST by FocusNexus
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To: FocusNexus

I can respond to all of them at once. He’s a liar now, a liar then, and he will be a liar if he gets elected. You could re-print the Constitution with Rudy’s Endorsement and it would mean precisely NOTHING.


11 posted on 01/24/2008 12:31:12 AM PST by farmer18th
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To: FocusNexus
I disagree with these commitments


12 posted on 01/24/2008 12:35:18 AM PST by ari-freedom (Hillary thinks it takes a white village to raise your child.)
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To: farmer18th

Rudy has a RECORD of cleaning up NY, cutting taxes, etc., but obviously you don’t want to get facts get in the way of your opinion.

Not to mention — what do you think will happen to the US during 8 years of Hillary with a Dem Congress?


13 posted on 01/24/2008 12:36:21 AM PST by FocusNexus
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To: FocusNexus
what do you think will happen to the US during 8 years of Hillary with a Dem Congress?

Hillary and Rudy are both creatures of the state and essentially cosmopolitan in their contempt for the spiritual and economic mechanisms that make America work. (Look at the pictures posted above.) Four years of Hillary will prepare us for another Reagan, the same way that four years of Jimmy Carter brought the follies of liberalism into high relief. Rudy is a traitor to the Constitution and a traitor to the country. He is a shameless promoter of his own incompentence in responding to 911 and the man can't seem to be faithful to his wife(s). What makes you think he would be faithful to the country?
14 posted on 01/24/2008 12:44:38 AM PST by farmer18th
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To: farmer18th

Clinton promises end to economic excess

Hillary Clinton said that if she became president, the federal government would take a more active role in the economy, in an effort to address what she said were the excesses of the market and the Bush administration.

She told the New York Times she would put her emphasis on issues like inequality and the role of institutions like government, rather than market forces, in addressing them.

She said that economic excesses — including executive-pay packages she characterized as often “offensive” and “wrong” and a tax code that had become “so far out of whack” in favoring the wealthy — were holding down middle-class living standards.

http://www.freerepublic.com/focus/f-news/1956969/posts


15 posted on 01/24/2008 12:49:11 AM PST by FocusNexus
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To: FocusNexus

What’s the difference between that and Rudy’s promise, via new campaign ads, to expand FEMA?

Maybe it’s Rudy’s sanctuary city policy that makes you feel comfortable.

Principled conservatives don’t vote for anyone whose only claim to credit is their ability to prove, beyond a shadow of a doubt, they are not Hillary Clinton.


16 posted on 01/24/2008 12:59:14 AM PST by farmer18th
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To: farmer18th

There is a long list of people with impeccable conservative credentials who are supporting Rudy, from Forbes, to Ted Olson, to Bill Simon, Pat Robertson and so on.


17 posted on 01/24/2008 1:12:52 AM PST by FocusNexus
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To: FocusNexus

Julie-Annie is a sickly, weak balding old man with lots of pervert problems.

The arousal factor would get Romney the women’s vote.

Let’s face it, it worked for Clinton.


18 posted on 01/24/2008 1:22:37 AM PST by Sir Francis Dashwood (LET'S ROLL!)
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To: FocusNexus

im waiten to hear what annie coulter says about him...

i bet if you put ann’s name in google next to rudy’s you’ll find she doesnt back him.....

that should be good enuff for any true conservative...


19 posted on 01/24/2008 1:24:02 AM PST by flat
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To: FocusNexus

Bill Simon???

Pat Robertson???

Give it a rest already.


20 posted on 01/24/2008 1:26:17 AM PST by Sir Francis Dashwood (LET'S ROLL!)
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