1. Cut corporate taxes. Currently, we have the first or second highest business tax rate in the world, with a federal of 35% plus a state that brings it to 40%-45%. Funny how much of the world outside of the US has learned from Reaganomics. As of Apr. 1, we now have the highest corporate tax rate of all the industrialized nations in the world. We need a lower corporate tax rate | The Great Debate nnb 2. Democrats propose increasing capital gains tax rates by 66%...rather, we should match China, and abolish capital gains taxes altogether, both for individuals and for corporations. With the current double-taxing of capital income, we discourage the venture capital that feeds start-ups and creates jobs. Most developed countries provide relief from the double tax on corporate profits because it distorts important economic decisions that waste economic resources and adversely affect economic performance http://www.theasi.org/assets/EY_ASI...nternational_Comparison_Report_2012-02-03.pdf a. Just these two measures alone would make America the most desirable country in the world in which to invest and start a business. 3. Next, cut federal payroll taxes by 50% for a period of not less than two years, and follow with a permanent personal account option for a portion of younger workers payroll taxes. Workers opting for the personal accounts must be guaranteed that they will get at least as much as Social Security promises today .so they cannot lose by choosing the option. 4. Abolish the death tax, admitting that workers already pay considerable taxes on money saved over their lifetime. 5. There should be immediate expensing for 100% of new equipment purchases by businesses. Such a write-off would lead to massive investment in new machinery. 6. End the regressive energy tax policies endorsed by Democrats, allowing the production of low-cost, reliable energy supplies from American sources. 7. And, we must always remember that entrepreneurship is the audacity, perseverance, and competence that turn an individual into a creator, whether of wealth, science, technology, or military success .and we must honor it. Covered in chapter 12 of Gingrich's "To Save America." BTW....today is the anniversary of FDR's signing of the Social Security Act....1935. Time for a reformation.