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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (112682)9/12/2011 9:33:51 AM
From: JakeStraw1 Recommendation   of 224748
 
Tiny, Targeted, and Temporary
nationalreview.com

That won’t do it, Mr. President.

The president does talk about corporate tax reform, but he has no specifics on it. He never mentions the tax-free repatriation of $1 trillion in overseas profits booked by U.S. firms, or for that matter a territorial business-tax approach that would stop the double tax on foreign earnings. This repatriation idea would have been a layup. The whole world wants it. But not the White House.

Out on the campaign trail, Mitt Romney, Jon Huntsman, Rick Perry, and other GOP candidates are talking about fundamental tax reform for individuals and businesses, the kind that can provide the permanent incentive effects needed to supercharge the economy. But not the White House.
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