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Conservative Stimulus Package Forum (Update 1)

Add Your Proposals. Good Ideas Will Be Added to List.

By: quill67 (Diary)  |  November 7th, 2008 at 08:27 AM  | 

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The Dems are proposing another stimulus package. This one will include spending for infrastructure (Roads, Bridges, etc.).

However, it is also becoming apparent that it will include aid to keep big State/local governments big, and aid to bailout corporations.

What would conservatives propose? Add your proposals. I will add the good ones to the list. Since I hope this will be a forum, let me get it started with only one idea:

1) To keep people’s retirement and pension funds sound we should:

 a) Oppose any increase in capital gains tax. 

 b) Cut capital gains tax to zero for 10 years on any stock 
    purchased between now and January.

 c) Allow corporations to pay dividends to 401Ks 
    and pension funds pre-tax.

2) Added from LJ “Beaglescout” Miller: Repeal Sarbanes Oxley (Mark to Market)

3) LJ “Beaglescout” Miller: Reduce negative impact of EPA. (I would add Fast-track environment impact evaluations for new factories/businesses so they can be built sooner (creating jobs) and create factory jobs sooner.)

4) What would you propose?

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  • quill67

    The Dems are proposing another stimulus package. This one will include spending for infrastructure (Roads, Bridges, etc.).

    However, it is also becoming apparent that it will include aid to keep big State/local governments big, and aid to bailout corporations.

    What would conservatives propose? Add your proposals. I will add the good ones to the list. Since I hope this will be a forum, let me get it started with only one idea:

    1) To keep people’s retirement and pension funds sound we should:

     a) Oppose any increase in capital gains tax. 
 b) Cut capital gains tax to zero for 10 years on any stock purchased between now and January.
 c) Allow corporations to pay dividends to 401Ks and pension funds pre-tax.

    2) What would you propose?

    • LJMiller96

      Start with Sarbanes-Oxley.

      Then repeal the Department of Education and the EPA.

      Federal Tort Reform would be another good stimulus measure.

  • quill67

    Repeal mark to market included in Sarbanes-Oxley.

    Agree that Dept. of Education could improve things, but more long-term.

    Tort reform is also probably more long term.

    EPA reforms could be very good stimulus package but also needs to be addressed at state/local level because that is where most environmental impact assessments are done and what slow done the development of new factories, buildings, etc.

  • LJMiller96

    If they want to bail out GM, Chrysler and Ford let them break their union contracts. That wouldn’t cost the Fed any money and it would give the American auto corporations a way to compete with Toyota, Honda, Hyundai, etc both here and abroad.

    That would be a bailout/change we could believe in.