Should the GOP... (user search)
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  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  Should the GOP... (search mode)
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Poll
Question: ... abandon its rhetorical stance as the "Party of Lincoln"?
#1
Yes (D)
 
#2
Yes (R)
 
#3
Yes (I/O)
 
#4
No (D)
 
#5
No (R)
 
#6
No (I/O)
 
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Partisan results

Total Voters: 23

Author Topic: Should the GOP...  (Read 1819 times)
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderators
Atlas Institution
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Posts: 54,118
United States


« on: June 30, 2009, 12:25:53 AM »

Absolutely not. I refuse to let the GOP become 100% the party of Southern hick populists.


Democrats are pro-growth and advocate for tax cuts. The Democratic congress passed the largest middle-class tax cut in history earlier this year.

"Pro-growth" tax cuts include the lowering of top marginal rates, capital gains taxes, and corporate taxes. 
 

Mind telling us how?

Basically the idea behind Pro-growth policies is essentially you encourage investment and the richest are the most likely to invest. Cutting the Corporate Tax rate is pro-growth b/c it will make it easier for them to compete with foreign companies, w/o that I would oppose it myself. I actually got an Idea for an "education tax" on corporations where you basically pull the rate back to 25% and you the give the company an option they can invest a said amount in scholarships or the rate goes back up to 30% which can then be spent on scholarships, grants and loans. I have been to afraid to suggest it though.

It is not the solution to our current problem based on the the laws of economics. You don't invest in a venture that has no prospect to make money. So the investment takes the form of Money sitting in a bank and banks aren't lending. That is why I supported "A" stimulus, though not Obamas, and why I support a minimum wage some would call near socialistic. Once demand returns though the low Cap Gains tax, corporate tax, and top marginal rate will put us in strong position to grow.
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