Tag Archives: President

Tim Pawlenty lays out bold, conservative tax plan to create jobs

Remember on Sunday when I recommended some policies?

Excerpt:

Let me add this tort reform law (loser pays) to the other list of policies we need at the national level:

  • National right-to-work law
  • National photo ID required for voting
  • National voucher system for education
  • National voucher for health care
  • Nation cap on damages for lawsuits
  • allow Opt-out of Social Security
  • allow Opt-out of Medicare
  • allow Opt-out of Medicaid
  • allow Opt-out of unemployment insurance
  • Flat income tax at 10% below 50,000 and 25% over 50,000, with no deductions except for charity and retirement contributions
  • Zero capital gains tax, phased in over four years
  • Tax-free savings accounts with no restrictions on withdrawals, limit $5,000 per year

In the comments, I added that the limit would be $100,000 for married couples, in response to a challenge from a commenter. And I should have mentioned that I wanted corporate taxes cut to 25%.

Well, guess what Tim Pawlenty went and did?

Excerpt:

Former Minnesota Gov. Tim Pawlenty will propose significant reductions in the corporate and individual tax rates Tuesday while calling for deep spending cuts that could see the federal government abandon its role delivering the mail or backstopping home loans.

The proposals are part of an economic plan Mr. Pawlenty will unveil later today in remarks at the University of Chicago. The plan, according to excerpts provided by Mr. Pawlenty’s campaign, is tailored to the business community and fiscal conservatives as he seeks the Republican presidential nomination, but its impact on the deficit is unclear, given the potential drop in tax revenue.

Mr. Pawlenty wants to reduce the corporate tax rate from 35% to 15% and create just two tax brackets for individuals and families: a 10% rate on the first $50,000 of income for individuals – or $100,000 for married couples – and a 25% rate for all other income. In addition, he will call for the elimination of taxes on capital gains, dividends, interest income and inheritance.

Hey, some of that sounds familiar!

And there’s more:

In order to offset any lost tax revenue — and to tackle the deficit — Mr. Pawlenty calls for something called “The Google Test” to determine whether the government should be involved in a program.

“If you can find a good or service on the Internet, then the federal government probably doesn’t need to be doing it,” Mr. Pawlenty says. “The post office, the government printing office, Amtrak, Fannie [Mae] and Freddie [Mac], were all built in a time in our country when the private sector did not adequately provide those products. That’s no longer the case.”

He calls on Congress to freeze spending at current levels and impound 5% of spending until the budget is balanced. “If they won’t do it … I will,” he plans to say.

The former governor will call for terminating all federal regulations, unless Congress votes to keep them individually.

I feel that I must make clear that the Wintery Knight is not Tim Pawlenty. However, he may be reading the Wintery Knight. One can’t know for sure.

OK, so right now I am still favoring Bachmann overall, with Cain in second place, and Pawlenty in third place. Feeling better about Pawlenty now. Three strong conservative candidates! WOOHOO!!! I would be happy with ANY of these three candidates.

You can read excepts of Pawlenty’s speech right here on his web site. Awesome stuff!

 

 

The top article on National Review is about Herman Cain

Here’s the story on National Review. Everyone is going ga-ga for Herman Cain!

The first few lines:

‘How many of you think Herman Cain won the debate?”

Twenty hands shot up.

“Well, we can stop right there,” said Frank Luntz, a fast-talking political consultant, as he paced before a Fox News focus group on May 5. “This is unprecedented.”

Luntz pointed to the top row, looking for answers. One by one, South Carolina Republicans in trucker caps and business suits raved about Cain. After watching the 65-year-old spar with fellow GOP presidential contenders, many were itching to join his ranks.

“He’s a breath of fresh air,” explained one gentleman. “He is the godfather of business sense, and he can attack Obama well,” declared a middle-aged lady. Others nodded vigorously.

Luntz was stunned. “[Cain] was not a real candidate before tonight,” he exclaimed. “What happened?”

[…]Cain, a former corporate executive and talk-radio host, did more than that; he won over a slew of Republicans pining for a 2012 candidate. Though he was standing among better-known Republicans such as Tim Pawlenty and Ron Paul, Cain’s rich baritone, business smarts, and sharp one-liners connected.

It’s easy to see why: He was frank and refreshing. But more notably, on a stage full of state and congressional leaders, Cain used his outsider status to his advantage. “Most of the people who are in elective office in Washington, D.C., they have held public office before,” he noted during one exchange. Then, with expert comedic timing, he quipped: “How’s that workin’ for you?”

[…]Since the debate, Cain has seen his fortunes rise. The latest Zogby poll shows him trailing only New Jersey governor Chris Christie in popularity among GOP-primary voters. In Washington State over the weekend, Cain won a Republican straw poll.

Online, the buzz is palpable. He was a trending topic on Twitter during the debate; on Facebook, he has 84,000 friends, a number that’s growing every day. Conservatives may not know much about him, but they like what they are hearing. As Rush Limbaugh remarked on his radio show after the debate, “Herman Cain made me think I was listening to me in every answer.”

And my favorite part:

Cain’s thirst for self-improvement was evident at the start. He grew up in Atlanta, the son of working-class parents — his father a chauffeur, his mother a domestic worker. They had always dreamed of owning their own home, not living in a “half-home,” an attached unit. They achieved that goal. They wanted their two sons to graduate from college. Both did.

Cain saw his parents’ hard work as a simple, inspirational example: Work hard, trust in God, have no fear, and you can achieve the American dream. To him, it is more than a political idea; it is central to who he is as a citizen, and as a potential presidential candidate. Once he earned a bachelor’s degree in mathematics from Morehouse College in 1967, Cain was determined to map his own path to success.

The early motivator, and Cain says it unabashedly, was wealth. Working as a systems analyst for the United States Navy in Dahlgren, Va., Cain made $7,729 a year. At age 23, he made a personal goal to one day earn $20,000. As he settled into his position, he noticed that advancement — and an increased salary — would require a graduate degree. So he searched for the top computer-science program he could find, predicting that future jobs would require such skills.

Cain selected Purdue University in Indiana. He was not exactly eager to return to the classroom, but he knew that he needed to learn more and improve his résumé. After surviving a string of difficult courses and exams and earning his master’s degree in 1971, he returned to the Navy full-time and was granted a GS-13 position. His new salary: $20,001.

The rest of the article explains how he rose through the ranks at Pillsbury, Burger King, and Godfather Pizza. My goodness, this man is just an ordinary man who came from nowhere to achieve everything. He is everything that Republicans represent. His life reflects the American Dream. Please, let this man save us from the RINOs: Romney, Huckabee and Gingrich.

Notice the part where the article mentions that Cain is a Baptist preacher. He is not afraid to talk about his faith in public.

Here’s a 1-minute introduction to Herman Cain:

Also, here’s a 30-minute CPAC speech by Herman Cain. Here is video of the South Carolina debate, and the focus group response. My friend Robb posted the video of Cain beating up Bill Clinton, which is referenced in the article.

Video of the first Republican presidential debate in South Carolina

Herman Cain
Herman Cain

The first GOP presidential debate for 2012 was held in South Carolina the evening of May 5, 2011. Participants were Rep. Ron Paul (R-TX), Minnesota Governor Tim Pawlenty, businessman Herman Cain, former Pennsylvania Senator Rick Santorum, and former New Mexico Governor Gary Johnson.

And here’s who the focus group picked as the winner – almost unanimously: (H/T The Other McCain)

Herman Cain!

You can watch the full debate below. The debate was moderated by some of my favorite Fox News people: Juan Williams, Bret Bair, Chris Wallace and Shannon Bream. This is the most even-handed questioning I have ever seen in a public debate, especially Chris Wallace.

Part 1 of 4:

Part 2 of 4:

Part 3 of 4:

Part 4 of 4:

Here’s the latest poll by PPP, a Democrat polling firm, from 5/5 to 5/8:

Romney Huckabee Trump Palin Gingrich Paul Bachmann Pawlenty
18 19 8 12 13 8 7 5

Herman Cain, Mitch Daniels and Rick Santorum had no score.

My candidate is Michele Bachmann. I don’t like any of the others in that poll. I absolutely cannot stand Romney, Huckabee, Trump, Gingrich, and Paul. I don’t think Palin should run. Pawlenty is highly qualified, but not conservative enough for me.

A 30-minute Herman Cain speech is here.