FIVE STAR PLAN TO SPUR THE ECONOMY
My campaign is hard at work calling for actions and solutions that will help people keep more of their hard-earned money. We have already introduced our Five Star Plan to spur the economy and this is just the beginning of what is needed to give it a shot in the arm. This plan states:
The ultimate goal is a Flat Tax that retains the mortgage interest deduction as home-ownership is the American dream, and the charitable contribution deduction so Americans can give freely. Incremental measures include:
Repeal the punitive Earnings Test on seniors and stop discrimination against older Americans;
Create jobs through improving our languishing existing infrastructure, thereby preserving our environment by providing tax incentives instead of bureaucratic schemes;
Make permanent the 15% tax rate on long term capital gains and dividends to help strengthen our capital markets and encourage entrepreneurship; and
Lower the federal business tax rate from 35% to 25% and encourage employers to hire workers. Currently, U.S. business pays the second highest corporate tax in the world. In a global economy where competitors like Germany are lowering their business tax rates, we need to encourage U.S. businesses to create jobs here, not send them overseas where the tax rate is lower.
"Together, the ‘Show Me State’ will show Congress how to fix our ailing economy."
GATEWAY TO A BETTER TOMORROW
"I support the intent of Liz Lauber's economic platform because it puts forth realistic and needed free market solutions."
- Dan Mitchell, Senior Fellow and top tax policy expert, CATO Institute.
