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New Kemp/Ferrara Op/Ed Today in National Review Online: "Which Way to Prosperity?" August 21st, 2008
Jack Kemp and IPI’s Peter Ferrara co-author a new op/ed featured today in National Review Online building on their discussion regarding the differences between McCain’s and Obama’s economic policies.

”The central question in this election is, Which candidate can most improve our wobbly economy? Here, the McCain-Obama contrast could not be sharper.

Obama has proposed increases in every major federal tax. He has proposed to increase individual income taxes, with the top rate to rise to almost 40 percent. He has proposed to increase the top capital-gains tax rate by 33 percent. He has proposed the same for the top tax rate on dividends. He has proposed to increase payroll taxes, with a rate increase of 16 percent to 32 percent for workers earning over $250,000 a year. He has proposed to reinstate the death tax (estate tax), now phasing out under current law, with a top rate of 45 percent. He has proposed several increases in corporate taxes, including a so-called windfall-profits tax on oil.”

Please visit National Review Online to read the full article. You can catch Peter live today discussing this topic on  Seattle-Tacoma’s “The David Boze Show” on 770 AM KTTH at 7:30 pm Eastern/4:30 pm Pacific.

Posted in  Politics  Tax  || 0 Comments »
Author: Erin Humiston || Location: Lewisville, Texas, USA

 

  
 
August 21st, 2008

New Kemp/Ferrara Op/Ed Today in National Review Online: "Which Way to Prosperity?"

Posted in  Politics  Tax 
Author: Erin Humiston || Location: Lewisville, Texas, USA

Jack Kemp and IPI’s Peter Ferrara co-author a new op/ed featured today in National Review Online building on their discussion regarding the differences between McCain’s and Obama’s economic policies.

”The central question in this election is, Which candidate can most improve our wobbly economy? Here, the McCain-Obama contrast could not be sharper.

Obama has proposed increases in every major federal tax. He has proposed to increase individual income taxes, with the top rate to rise to almost 40 percent. He has proposed to increase the top capital-gains tax rate by 33 percent. He has proposed the same for the top tax rate on dividends. He has proposed to increase payroll taxes, with a rate increase of 16 percent to 32 percent for workers earning over $250,000 a year. He has proposed to reinstate the death tax (estate tax), now phasing out under current law, with a top rate of 45 percent. He has proposed several increases in corporate taxes, including a so-called windfall-profits tax on oil.”

Please visit National Review Online to read the full article. You can catch Peter live today discussing this topic on  Seattle-Tacoma’s “The David Boze Show” on 770 AM KTTH at 7:30 pm Eastern/4:30 pm Pacific.