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9–9–9 Plan
The 9–9–9 Plan was a tax proposal that was a centerpiece of Herman Cain's 2012 campaign for the Republican Party's nomination for president of the United States. It was introduced in August 2011. The plan called for the replacement of all current taxes, such as the payroll tax, capital gains tax, and the estate tax, with a 9% personal income tax, 9% federal sales tax, and a 9% corporate tax. History In July 2011, an advisor suggested the name "the Optimal tax" for the Cain campaign's tax policy plan. Cain rejected the name, saying: The plan would replace the current tax code of the United States with a 9% personal income tax, a 9% federal sales tax, and a 9% corporate tax. During a debate on October 12, Cain said that his plan would "expand the base", arguing: Summary Cain's campaign website summarized the 9–9–9 Plan: Our current economic crisis calls for bold action to truly stimulate the economy and Renew America back to its greatness. The 9–9–9 Plan get ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Herman Cain
Herman Cain (December 13, 1945July 30, 2020) was an American businessman and Tea Party movement activist within the Republican Party. Born in Memphis, Tennessee, Cain grew up in Georgia and graduated from Morehouse College with a bachelor's degree in mathematics. He then earned a master's degree in computer science at Purdue University while also working full-time for the U.S. Department of the Navy. In 1977, he joined the Pillsbury Company where he later became vice president. During the 1980s, Cain's success as a business executive at Burger King prompted Pillsbury to appoint him as chairman and CEO of Godfather's Pizza, in which capacity he served from 1986 to 1996. Cain was chairman of the Federal Reserve Bank of Kansas City Omaha Branch from 1989 to 1991. He was deputy chairman, from 1992 to 1994, and then chairman until 1996, of the Federal Reserve Bank of Kansas City. In 1995, he was appointed to the Kemp Commission and, in 1996, he served as a senior economic adviser t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arthur Laffer
Arthur Betz Laffer (; born August 14, 1940) is an American economist and author who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–1989). Laffer is best known for the Laffer curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for government. In certain circumstances, this would allow governments to cut taxes, and simultaneously increase revenue and economic growth. Laffer was an economic advisor to Donald Trump's 2016 presidential campaign. On June 19, 2019, President Trump awarded Laffer with the Presidential Medal of Freedom for his contributions in the field of economics. Early life and education Laffer was born in Youngstown, Ohio, the son of Marian Amelia "Molly" (née Betz), a homemaker and politician, and William Gillespie Laffer, president of the Clevite Corporation. He was raised in the Cleveland, Ohio area. He is a P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George H
George may refer to: People * George (given name) * George (surname) * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Washington, First President of the United States * George W. Bush, 43rd President of the United States * George H. W. Bush, 41st President of the United States * George V, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1910-1936 * George VI, King of Great Britain, Ireland, the British Dominions and Emperor of India from 1936-1952 * Prince George of Wales * George Papagheorghe also known as Jorge / GEØRGE * George, stage name of Giorgio Moroder * George Harrison, an English musician and singer-songwriter Places South Africa * George, Western Cape ** George Airport United States * George, Iowa * George, Missouri * George, Washington * George County, Mississippi * George Air Force Base, a former U.S. Air Force base located in California Characters * George (Peppa Pig), a 2-year-old ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bruce Bartlett
Bruce Reeves Bartlett (born October 11, 1951) is an American historian and author. He served as a domestic policy adviser to Ronald Reagan and as a Treasury official under George H. W. Bush. Bartlett also writes for the New York Times Economix blog. Bartlett has written several books and magazine articles critical of the George W. Bush administration, asserting that its economic policies significantly departed from traditional conservative principles. Early life and education Bartlett was born in Ann Arbor, Michigan, the son of Marjorie (Stern) and Frank Bartlett. He was educated at Rutgers University (B.A., 1973) and Georgetown University (M.A., 1976). He originally studied American diplomatic history under Lloyd Gardner at Rutgers and Jules Davids at Georgetown. He did a master's thesis on the origins of the Pearl Harbor attack at Georgetown, the substance of which was later published as ''Coverup: The Politics of Pearl Harbor, 1941–1946''. He was closely advised by P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Events
''Human Events'' is an American conservative political news and analysis website. Founded in 1944 as a print newspaper, ''Human Events'' became a digital-only publication in 2013. ''Human Events'' takes its name from the first sentence of the United States Declaration of Independence: "When in the course of human events...". The magazine was published in Washington, D.C., most recently by Eagle Publishing, the owner of Regnery Publishing, a subsidiary of Phillips Publishing. Thomas S. Winter was editor-in-chief and Cathy Taylor was editorial director of the print edition. As of 2021, the website is co-published by Jeff Webb and Will Chamberlain. History ''Human Events'' was founded in 1944 by Felix Morley, William Henry Chamberlin, Frank Hanighen, and Henry Regnery. Morley was previously editor of ''The Washington Post'' from 1933 to 1940. Regnery formerly worked for the Resettlement Administration, a New Deal-era federal agency. In its early years, ''Human Events'' was "a small- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply-side Economics
Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics, consumers will benefit from greater supplies of goods and services at lower prices, and employment will increase. Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties: #Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity (output per worker). Encouraging globalized free trade via containerization is a major recent example. #Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are examples of such policies. #Investments in new capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The depart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McClatchy News Service
The McClatchy Company, commonly referred to as simply McClatchy, is an American publishing company incorporated under Delaware's General Corporation Law and based in Sacramento, California. It operates 29 daily newspapers in fourteen states and has an average weekday circulation of 1.6 million and Sunday circulation of 2.4 million. In 2006, it purchased Knight Ridder, which at the time was the second-largest newspaper company in the United States (Gannett was, and remains, the largest). In addition to its daily newspapers, McClatchy also operates several websites and community papers, as well as a news agency, McClatchy DC Bureau, focused on political news from Washington, D.C. In February 2020, the company filed for Chapter 11 bankruptcy, intending to reorganize and complete the bankruptcy process within a few months. In July 2020, Chatham Asset Management, a hedge fund, won the auction to buy McClatchy for US$312 million. History The company originated with '' The Daily Bee' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Policy Center
The Urban-Brookings Tax Policy Center, typically shortened to the Tax Policy Center (TPC), is a nonpartisan think tank based in Washington D.C. A joint venture of the Urban Institute and the Brookings Institution, it aims to provide independent analyses of current and longer-term tax issues, and to communicate its analyses to the public and to policymakers. TPC combines national specialists in tax, expenditure, budget policy, and microsimulation modeling to concentrate on five overarching areas of tax policy: fair, simple and efficient taxation, social policy in the tax code, business tax reform, long-term implications of tax and budget choices, and state tax issues. History In 2002, tax specialists who had served in the Ronald Reagan, George H. W. Bush, and Bill Clinton administrations established the Tax Policy Center to provide analysis of tax issues. The following year TPC developed a tax simulation model to analyze the federal income tax and proposals to change it. That mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rick Santorum
Richard John Santorum ( ; born May 10, 1958) is an American politician, attorney, and political commentator. A member of the Republican Party, he served as a United States Senator from Pennsylvania from 1995 to 2007 and was the Senate's third-ranking Republican from 2001 to 2007. Santorum ran for the 2012 Republican presidential nomination, finishing second to Mitt Romney. In January 2017, he became a CNN senior political commentator. However, he was terminated from his contract with CNN in May 2021 due to comments he made about Native Americans a few weeks prior which were deemed "dismissive". Santorum was elected to the United States Senate from Pennsylvania in 1994. He served two terms until losing his 2006 reelection bid. A Roman Catholic, Santorum is a social conservative who opposes abortion and same-sex marriage and embraced a cultural warrior image during his Senate tenure. While serving as a senator, Santorum authored the Santorum Amendment, which would have promot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Detroit
Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at the 2020 census, making it the 27th-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area, and the 14th-largest in the United States. Regarded as a major cultural center, Detroit is known for its contributions to music, art, architecture and design, in addition to its historical automotive background. ''Time'' named Detroit as one of the fifty World's Greatest Places of 2022 to explore. Detroit is a major port on the Detroit River, one of the four major straits that connect the Great Lakes system to the Saint Lawrence Seaway. The City of Detroit anchors the second-largest regional economy in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington Times
''The Washington Times'' is an American conservative daily newspaper published in Washington, D.C., that covers general interest topics with a particular emphasis on national politics. Its broadsheet daily edition is distributed throughout the District of Columbia and in parts of Maryland and Virginia. A weekly tabloid edition aimed at a national audience is also published. ''The Washington Times'' was one of the first American broadsheets to publish its front page in full color. ''The Washington Times'' was founded on May 17, 1982, by Unification movement leader Sun Myung Moon and owned until 2010 by News World Communications, an international media conglomerate founded by Moon. It is currently owned by Operations Holdings, which is a part of the Unification movement. Throughout its history, ''The Washington Times'' has been known for its conservative political stance, supporting the policies of Republican presidents Ronald Reagan, George H. W. Bush, George W. Bush, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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