Tuesday, October 17, 2006

Newt's Big Three...Part One

Newt Gingrich, in his weekly newsletter, has posted three truths, if driven home over the next 21 days, that will help Repubs maintain control of Congress. Normally I would just give the link, but this information is so vital I wanted to make it as easy as possible to get the info. Over the next three weeks, I'll post all three parts of his newsletter.

The three truths he discusses are:

1. Promoting a proven economic prosperity agenda of lower taxes and pro-growth policies vs. the failed policies of higher taxes, more regulation and bloated bureaucratic structures of the past.
2. Left-wing San Francisco radical ideas vs. the values held by the rest of America
3. Defeating terrorism and the dictatorships who threaten America vs. appeasing and being defeated by them


Here is truth #1 republished in full:

The First Big Truth: America Can't Go Back to Tax Increases, Big Bureaucracy, Slow Economy, Rising Unemployment and Liberal Policies

It should be easy for Republicans to make the case that your wallet, your job and your country's economy are at stake in this election.

If you think you have too much money in your family budget, then you have a party to vote for, because Democrats will gladly raise your taxes shifting your money from your family to Washington bureaucrats.

On the other hand, if you think you can spend your own money better than a
Washington bureaucrat, then you, too, have a party to vote for, because Republicans will stop Nancy Pelosi and Charlie Rangel from raising your taxes.

The future with a Speaker Pelosi based upon the historic
record...

The Democrats' record is clear.

Nancy Pelosi voted against every Republican tax cut. She voted for the largest tax increase in history.

Nancy Pelosi voted 19 times against eliminating the death tax.

Nancy Pelosi voted five times for raising gasoline taxes.

Nancy Pelosi is so pro-high taxes she was one of only 27 members to vote against tax relief for poor neighborhoods in the inner city (presumably including her constituents in San Francisco).

The Future with Charlie Rangel as chairman of Ways and Means based upon the historic record...

Charlie Rangel is the perfect Ways and Means chairman for a Nancy-Pelosi-San-Francisco-values majority. Rangel recently said he "cannot think of one" of President George W. Bush's first-term tax cuts that deserve to be continued.

As the Washington Times noted: "Mr. Rangel, of course, voted against the 2001 and 2003 tax cuts, he voted against the 2006 measure that extended the 2003 cuts from the end of 2008 to the end of 2010, and he has vociferously opposed making the 2001 and 2003 cuts permanent."

Failure to sustain the tax cuts would have real impact on people's lives. As the Heritage Foundation reported, the Rangel position would have the following results:

-Tax rates will rise substantially in each tax bracket, some by 450 basis points;

-Low-income taxpayers will see the 10-percent tax bracket disappear, and they will have to pay taxes at the 15-percent rate;

-Married taxpayers will see the marriage penalty return;

-Taxpayers with children will lose 50 percent of their child tax credits;

-Taxes on dividends will increase beginning on Jan. 1, 2009;

-Taxes on capital gains will increase, also beginning on Jan. 1, 2009; and

-Federal death taxes will come back to life in 2011, after fading down to nothing in 2010.

Heritage estimated that these tax increases would lead to the loss of "more than one million lost jobs each year between 2011 and 2014; more than $100 billion less in economic output per year; slower wage and salary growth; and slower savings growth."

So Which Future Will It Be?

The choice presented by the first big truth is very clear and very simple:

If you want to go back to high taxes, high interest rates, high inflation, slower economic growth, more unemployment, fewer savings, shorter vacations and more bureaucracy, then you have a party in the Democrats -- because the Democrat record proves that Democratic policies will produce these results.

On the other hand if you want more take-home pay, more jobs, more economic growth, more time with your family and more savings with lower taxes and smaller bureaucracy, then you have a party in the Republicans.

It really is that simple and direct. Republicans just have to focus on, make the case for, and then win the argument with the historic record.

As much as liberals try to hide from their record and downplay the booming economy, this shows how clear the difference is between the two parties on the very important issue of taxes and the economic success of the nation.

7 comments:

The leftist southpaw said...

Please expand on the "San Francisco radical ideals."

Because the way I read it, it makes Newt and his followers sound homophobic.

Cajun Tiger said...

That will be covered in Truth #2 in next week's post Southpaw...stay tuned. Or you could read the full article now if you can't wait...it is linked at the beginning of the post.

Mike's America said...

Newt is brilliant as ever. He's really coming on strong at a time when we need him the most.

I used his analysis of Nancy Pelosi for my post on Democrat's values tonight.

Nick said...

Um...hasn't San Francisco voted to ban military recruiters from PUBLIC universities and they've outlawed handguns (2nd Amendment thing).

Little Miss Chatterbox said...

I just hope the right people are listening to this.

Ian McGibboney said...

Check out my rebuttal.

Cajun Tiger said...

Mike...he is definitely raising the bar.

Nick...yep

LMC...it's our job to ensure that they are

Ian...will check it out