a 10% reduction in the federal work force, ... lower the corporate tax rate to 15% from 35% ... end taxes on personal savings and extend “all Bush tax cuts.” ... also allow U.S. firms to repatriate capital without additional taxes ... Mr. Paul would eliminate the Departments of Education, Commerce, Energy, Interior and Housing and Urban Development.My list of federal departments to be eliminated is similar: Education, Energy and HUD. But I'd shut-down the Department of Homeland Security rather than Commerce and Interior. Unfortunately there is as much chance of these cuts taking place as there is of Ron Paul being elected. The only way something like this will ever happen is if it's forced by some sort of economic collapse.
Monday, October 17, 2011
What Some Real Cuts in Government Might Look Like
I'm not a Ron Paul fan, but I do like his economic plan that calls for cutting 1 trillion in spending in one year, as well as slashing the size of government.