Republican Platform, Part 4: Economy

News Type: Event — Sun Sep 14, 2008 2:38 AM EDT

politics, economy, mccain, republicans, gop, palin, election-2008, republican-platform

This is a continuation of the series of articles laying out details in the Republican and Democratic platforms. This article covers the section on the economy.

Previous article: Part 3: Government Reform in the Republican platform.
Next article: Part 5: Energy and Environment in the Republican platform.

Also see the corresponding article covering the Democratic platform.

Taxes

Make 2001 and 2003 tax cuts permanent
Double exemption for dependents for family with children
Ban internet access taxes and stop new cell phone taxes
Fight against estate tax [Editorial note: the Republican document uses the term "death tax" which I find to be emotionally charged, I thus substituted the more traditional and less charged term "estate tax".]
Repeal the Alternative Minimum Tax
Tax credits for health care and medical expenses
Major reduction in corporate tax rate
Remove limits on tax-free savings accounts
Option for taxpayers to file under current plan or simplified two-tier flat tax plan

Small business

Open foreign markets to American products
Base regulation on "sound science"
Legal reform against frivolous lawsuits

Technology/Innovation

Make R&D tax credit permanent
Return to the moon as a step to send humans to Mars

Workforce and labor unions

More flexible work schedules "if employers and employees not negatively affected"
Utilize H1-B program to recruit science and technology leaders from abroad
Individual workers direct portion of unemployment insurance to buffer account used for retraining or relocation
Enforce laws requirning transparency and financial reporting in labor unions
Oppose "card check" legislation

Homeownership

Timely and targeted aid to people hurt in mortage crisis
Energetic investigation and prosecution in mortage industry
Do not support government bailout of private institutions
"We believe in the free market as the best tool to sustained prosperity and opportunity for all"

Civil justice reform

Plaintiffs should be protected against abuse by their attorneys
Attorney-client privilege should be defended

Agriculture

Establish Farm Savings Accounts to manage risks from world markets and natural disasters
Fight against the estate tax
No expansion of Clean Water Act to regulate farm water
Greater investment in conservation incentive programs
End mandates for ethanol

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Public Discussion (5)

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2.1

{"commentId":2922555,"authorDomain":"tgstk2"}

tgstk2

Oh my. This plan is just begging to be ripped apart. I'll mostly bite my tongue for now. But, I have to say I am very disappointed in the lack of thought that went into the technology plan. There is so much more that could be said, e.g., alternative energy research, leveraging computer and internet capabilities in e-commerce, developing/promoting more efficient industrial practices, energizing the funding of basic science research to keep America a world leader, etc.

{"commentId":2922555,"threadId":"357441","contentId":"1864342","authorDomain":"tgstk2"}

#1 - Sun Sep 14, 2008 2:44 AM EDT

{"commentId":2926319,"authorDomain":"MALife"}

MALife

I agree completely. It's as if they skipped over technology. Return to the Moon? That is really the best he can come up with? What about exploring cutting-edge technology? or producing new technology that will allow us to compete in the 21st century.

{"commentId":2926319,"threadId":"357441","contentId":"1864342","authorDomain":"MALife"}

2 votes

#1.1 - Sun Sep 14, 2008 12:44 PM EDT

{"commentId":2926547,"authorDomain":"Bor"}

BOR(derline)

Well it is clear
McC plan is 14 pages
OHB is 6 pages. (Surface scratching only)
Plus the version we have on OHB is outdated, since he keeps changing his (but in speech only).

{"commentId":2926547,"threadId":"357441","contentId":"1864342","authorDomain":"Bor"}

1 vote

#1.2 - Sun Sep 14, 2008 1:03 PM EDT

{"commentId":2964555,"authorDomain":"tgstk2"}

tgstk2

Bor -- I don't know what you are referring to with the page numbers. It would be helpful if you were a little more verbose in your explanation.

Are you referring to some section in the respective party platforms?

BTW -- My comment is now seven lines long, so clearly it must be superior to yours which is only four lines. (JUST JOKING!)

{"commentId":2964555,"threadId":"357441","contentId":"1864342","authorDomain":"tgstk2"}

#1.3 - Wed Sep 17, 2008 12:52 AM EDT

{"commentId":2965046,"authorDomain":"Bor"}

BOR(derline)

The Economy plans (pages)

{"commentId":2965046,"threadId":"357441","contentId":"1864342","authorDomain":"Bor"}

#1.4 - Wed Sep 17, 2008 1:54 AM EDT

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