POLITICAL: Jindal’s plan eliminates the corporate tax

Friday, October 9, 2015


7 Oct 2015
Washington, DC

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GOP presidential candidate Louisiana Gov. Bobby Jindal aims to eliminate the corporate tax, an issue he addressed as he unveiled his tax plan Wednesday afternoon on a call with reporters where Jindal argued his plan simplifies tax code.

Jindal’s tax plan only has three tax brackets – two percent, 10 percent and 25 percent.

“Most Americans will be in the 10 percent bracket,” he told reporters. He went on to explain that a couple making $150,000 is now in the 25 percent tax bracket, but under his plan would drop to the 10 percent bracket.

According to Jindal’s plan, individuals making less than $10,000 will be in the two percent bracket, those making more than $10,000 but less than $90,000 will be in the 10 percent bracket, and everyone else will be in the 25 percent bracket.

Those who are married have a slight shift in their brackets: Couples making under $20,000 a year will be in the two percent bracket, where as couples making between $20,001 and $180,000 will be in the 10 percent bracket. Lastly, couples making more than $180,000 will pay 25 percent in taxes.

Jindal said his plan “eliminates the estate tax – death tax, the marriage penalty and the gift tax, and the alternative minimum tax.”

“I think my plan is best,” he touted, referencing that other GOP candidates have revealed their tax plans.

He said his plan has three key differences from fellow Republican candidates.

“Most Republican plans brag about the fact that they allow as many as half of all Americans pay zero federal taxes. Jeb and Trump both have said that. I think that’s a mistake,” Jindal said. “I think everybody should pay at least something.”

“We’ve got to this point where too many Americans believe money just grows on trees in Washington,” he said.

We’re only asking two percent from the bottom bracket. I think that may be the most important two percent in the whole plan. It reestablishes the idea that in America everybody is expected to help row the boat. Some people may have a bigger ore, some may have a smaller ore, but you keep your ore in the water along with everybody else.

The second way Jindal’s plan differs from other Republicans is that it eliminates the corporate tax in America.

The U.S. has the highest corporate tax rate than any other developed countries. Jindal says this move will create jobs and end wealth incentives for companies investing outside this country.

“We need to be willing to be bold,” he said of eliminating the corporate tax rate.

We’ve done various analyses. We show that for example in a 10 year period the GDP would grow 14.4 percent on top of the current base growth projection rate with just my tax changes. We show that nearly six million jobs would be added to the economy, wages would grow by 8. 7 percent – just as an example of the positive outcomes from changing our taxes.

Jindal also says his plan is different because it “reduces the amount of money the federal government is going to be able to spend.”

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Finally someone nails the corporate tax.

It’s stupid.

The product of Liberal Left non-economic thinking is just dumb.

“Corporations are merely tax collectors; not taxpayers. They merely pass their costs along.” Lawrence Alan “Larry” Kudlow is an American economist, television personality, and newspaper columnist. August 26, 2014 0830 on WMAL Mornings on the Mall Brian Wilson and Larry O’Connor

It’s one of the ways the Gooferment hides the true costs.

A business has only two choices — pass along its costs of which taxes is a big one OR go out of business.


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POLITICAL: Once again, justice denied

Thursday, October 1, 2015


Two Delays & Tight-Lipped Negotiations Point to Graymail & Blackmail Tactics by Hastert’s Legal Team
By Sibel Edmonds
Boiling Frost Post
September 26, 2015

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Graymail is the threatened revelation of state secrets in order to manipulate legal proceedings. It is used as a defense tactic, forcing the government to drop a case to avoid revealing national secrets. Graymail can occur in two ways:

* To straight forwardly blackmail the government, forcing it to drop the case using the threat that if the trial moves forward the defendant will reveal classified information he or she already knows.

* To request the use of classified material as evidence in the trial, with an expectation that the government will be unwilling to make the material fully available to the case, and that this will raise the possibility, in the eyes of the judge or jury, that the unreleased material might clear the defendant, making it difficult to prove guilt.

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Once again, justice denied.

Wonder what the full real story is.

“Move along, people. Nothing to see here. Go home, you looky-loos.” Officer Barbrady’s Catch Phrase South Park

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POLITICAL: A “shutdown” means stopping 16%

Saturday, September 5, 2015


As many of you know, no one has worked harder than me on the issue of our debt and deficit. And as many of you also probably know, nothing makes me angrier than sequestration.

We’re currently less than one month away from the end of this current Federal fiscal year. If Congress doesn’t agree on a budget by October 1st, we’ll see the return of these mindless, across-the-board cuts.

As a businessman and former governor, I know there’s a smart way to cut government and there’s a stupid way to cut government. Sequestration is the stupid way. Sequestration doesn’t look at what government programs are working versus which ones need improvements. It cuts all without regard to their goals or effectiveness.

There is no state in our nation that has been harder hit by sequestration than the Commonwealth. And continued sequestration would be devastating for Virginia. It would cut back key military investments at a time when our nation is engaged in conflict in Afghanistan and supporting efforts to defeat the terrorists of ISIL. It would cut back investments in veterans’ care, roads and bridges, scientific research, and more.

Repealing the sequester without locking in a sensible, balanced deficit reduction plan risks disrupting the credit markets and harming our economy. Congress must commit to negotiating a balanced budget that reduces our deficit.

That’s why I’ve been pushing the Republican Senate leadership to engage in bipartisan budget negotiations now – not a month from now – so we don’t again find ourselves on the brink of another federal shutdown when sequestration comes roaring back at the end of September.

Now, I want to be clear: this is going to require both parties to get out of their comfort zones. Everything must be on the table in order to come up with a long-term solution – that’s how negotiations work.

The last thing the Commonwealth or the country needs is running out the clock until the end of September and putting the risk of another federal government shutdown in play.

Thank you,

Mark R. Warner

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Personally, since “shutdown” means stopping 16% of the “entire Federal Gooferment”, then shut it down.

It’s one way to reduce costs!

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POLITICAL: The subpoena to immunity to “The Truth”

Friday, September 4, 2015


2 Sep 2015212

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Pagliano worked as Hillary’s IT director during her 2008 campaign. Starting in May 2009 he was hired by the State Department where he served as special projects manager to the Chief Technology Officer. That title also included responsibility for continued maintenance of Clinton’s home server. Pagliano left his position in February 2013, the same month Clinton stepped down as Secretary of State.

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Now we are getting somewhere.

I’d now subpoena all of his direct reports during that period of time.

Get all the folks on the record as invoking the Fifth.

Then, start handing out “qualified immunity” (i.e., get out of jail free cards).

That will have “the rats deserting the sinking ship” and The Truth will come out.


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POLITICAL: Read the Bills Act has been referred to committee; argh!

Saturday, August 29, 2015

Mr. Ferdinand Reinke
1641 International Dr Unit 414
McLean, VA 22102-4831

Dear Mr. Reinke:

Thank you for contacting me about H.R. 1831, the Read the Bills Act. I appreciate hearing from you.

On June 15th, 2015, Senator Rand Paul introduced S. 1571, legislation to require Congress to post potential bills online for a minimum of seven days before voting on passage of them. In addition, all legislation would have to be voted on by a roll call vote.

The Read the Bills Act has been referred to the Senate Committee on Rules and Administration. Please be assured that I closely review legislation that comes before the Senate, and I will be sure to keep your views on this important issue in mind.

Again, thank you for contacting me.



Tim Kaine

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Translation: Now please go away!

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POLITICAL: 8,648 Employees on Thanksgiving

Friday, August 28, 2015


N.J. Supermarkets Laying Off 8,648 Employees on Thanksgiving
Bergen County-based company files reduction in force notices with Department of Labor.
Originally posted on the Toms River, NJ Patch
By TOM DAVIS (Patch Staff) August 24, 2015 

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Anyone care to tell me how low the unemployment rate is?

Everyone always is saying the “economy is recovering from a short recession”.

What a joke.

Go to any mall and count the vacant stores. That’s malinvestment.

Check out the number that have left the workforce. After a while, they don’t count as unemployed.

Look at the numbers on “disability”.

And yet the political class of politicians and bureaucrats are doing just fine.


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POLITICAL: IMHO it will be the debt that drowns the USA

Sunday, August 2, 2015


Does “Creative Destruction” Include the State?
By Charles Hugh Smith
August 1, 2015

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Under the tender care of the state, we now have uncompetitive, inefficient parastic cartels dominating higher education, national defense, healthcare insurance, pharmaceuticals and hospitals– to name but a few of the major industries that are now state-enforced cartels thanks to the heavy hand of the state (i.e. regulatory capture ).

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Why can’t “empires” fail?

It has happened all through history.

IMHO it will be the debt — and unfunded liabilities —that drowns the USA. It was the failure of the USSR centralized economy that brought it down.

Only truly free markets maximizes everyone’s outcomes with a minimum of inefficiency. 

Only “capitalism” lifts the poor to a higher standard of living without conflict. (Even Bono recognized “enterprise” was better than “foreign aid”.)

It seems like Gooferment is the instrument of poverty. Look at Africa!

Look in the USA. Between the welfare “prison” and the “(pseudo) War on (some) Drugs”, the minority communities have been devastated!


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