Welcome, Guest. Register Now!
   
Veiw New Posts View Todays Posts


» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 
Financial Planning
 
US Presidential Tax Policies
 
 
 



Poll: Which Tax Policies would you want the next US President to implement?
This poll will close on 01-06-2009 at 02:18 PM
Poll Options
Which Tax Policies would you want the next US President to implement?

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 07-10-2008, 03:11 PM
Super Moderator
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 982
Blog Entries: 2
Which Tax Policies would you want the next US President to implement?

The next US President will inherit a myriad of economic problems that will need to be addressed immediately. The President will face a deepening US recession and will be forced to make his number one priority to jump start the US Economy and avoid a prolonged and a deepening recession.

To accomplish this priority, the President will attempt to introduce a new Tax policy to stimulate the US economy. Which of the following Tax Policies above (Poll) should the next President implement?
__________________
Ask TaxGuru
Please refer to the legal disclaimer.
Reply With Quote
Sponsors
  #2 (permalink)  
Old 07-11-2008, 01:52 PM
Junior Member
 
Join Date: Mar 2008
Posts: 8
An idea to boost the economy.

The next US President should encourage growth of small businesses! You missed that out, and I think small businesses are the engine of growth for the US economy.

I also think, the small businesses should not be assessed social security taxes at 15.3% of net self-employment taxes. This is particularly very burdensome on new small businesses that really need the cash flow for fund working capital requirements instead of investing in social security requirement.

The Candidate that proposes this plan will win a lot of votes from owners of small businesses.
Reply With Quote
  #3 (permalink)  
Old 07-11-2008, 03:25 PM
Super Moderator
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 982
Blog Entries: 2
You do have a great point! But, the question always remains the same! How does Congress compensate for the loss in Revenue?

Which Public program do they have to cut? Or do they simply resort to borrowing more, thus increasing the budget deficits!
Reply With Quote
  #4 (permalink)  
Old 07-11-2008, 08:12 PM
Junior Member
 
Join Date: Feb 2007
Posts: 10
I think the best policy is targeted tax credits in manufacturing industry and a boost in R & D tax credit to assist corporations to fund an alternative to fossil fuel and oil.

US would save 700 Billion Dollars a year if an alternative form of energy was discovered.

Would it not be prudent to fund an alternative energy program and provide a research grant or tax credit?
Reply With Quote
  #5 (permalink)  
Old 07-12-2008, 09:05 PM
Junior Member
 
Join Date: Jan 2007
Posts: 13
A second stimulus package is immediately required to jump start the US Economy! It would boost confidence prior to the Xmas holidays...

Also, the GDP would be boosted by 1% by another $180 Billion Stimulus package.
Reply With Quote
  #6 (permalink)  
Old 07-14-2008, 04:25 PM
Junior Member
 
Join Date: Jan 2007
Posts: 5
You did not suggest an incentive to for homeowners to use alternative energy such as solar panels to heat their homes like in Germany.

I suggest a policy of offering a bigger tax credit for installing energy efficient appliances at home. Additionally, the government should give a tax break to manufactures of these appliances so the price can be lowered for the average taxpayer to afford these appliances.

I suggest a strong energy policy that encompasses tax incentives to homeowners purchasing these energy efficient appliances coupled with subsidies to manufacturers that will enable these appliances to be cheaper.
Reply With Quote
  #7 (permalink)  
Old 07-21-2008, 11:26 AM
Junior Member
 
Join Date: Mar 2008
Posts: 9
Which Tax Policies would you want the next US President to implement?

Raising Taxes is an incredibly stupid idea especially since we are either in a recession or spiraling towards one. A tax cut is the best policy to stave off consumer spending, consumers particularly the middle class need more money in their pockets to merely survive the rising prices!

The Bush tax cuts must be made permanent! If tax cuts were not important why did the Democratic Controlled Congress agree to pass the Tax Stimulus Package?

I support any candidate who espouses a TAX CUT! Currently, Sen McCain is adopting that a policy that favors a plan to make the Bush Tax Cuts permanent. Hopefully, Sen Obama will move in that direction!
Reply With Quote
Sponsors
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What are the Tax Policies for each Presidential Candidate?-Latest Update TaxGuru Democrats 7 08-14-2008 11:44 PM