Replies to post #141254 on Tornado Alley (PROG)

[Alex G]

meanwhile, this is how we do it over here

how do we pay for things? you guessed it... more tax cuts!

http://online.wsj.com/article/SB10001424052702303654804576345830533258212.html
House Republicans will seek to reset the economic-policy debate Thursday, offering a broad plan to boost jobs and growth by easing tax and regulatory burdens.

The plan includes a 25% top tax rate on corporations and individuals, compared with the current 35%, as well as higher domestic-energy production, new curbs on government regulations and overhauls of U.S. patent and visa systems to help entrepreneurs and high-tech firms.

In addition, the plan calls for aligning the U.S. with other major economies that basically tax their multinational corporations only on domestic earnings. That proposal could offer a boost to supporters of legislation ...