Everyone is promising better Economic Times ahead, but are the promises grounded in reality . What do the plans mean to your wallet. Get him out now. Get him out. Excuse me, im talking. And you know what they say about men with small hands it has already been a wild year on the campaign trail, what will all of the noise mean for the economy and your money . Not even the experts can say for sure. It is amazing. Its almost a civil war within the Republican Party and markets are having difficulty with this. But there will be a new president next year and that will mean big changes for your taxes, retirement, and jobs. On toxs, republicans are over the map. Taxes, but there is a disagreement on how to do that. Donald trump would cut deeper lowering the top individual rate to 25 . For the democrats, the emphasis is on getting the rich to pay more. Hillary clinton would require those with incomes higher than 1 million to pay at least 30 . Reti retirees may want to Pay Attention to. Bernie sa
But i submit to legalism. What i want to talk about is the world that robert kagan and Bret Stephens once that is undergirded by American Power and i think that is the world we all believe has been vastly beneficial for the United States, for canada but for by and large the whole world. It allowed the transformation i talked about are not in america. The question is what is made that possible . I would argue the image you should think about is Franklin Roosevelt after winning decisively in world war ii. Decides he wants to create the United Nations an institution which all countries would be represented and try to make a systematic and institutionalized effort to produce a new kind of Global Politics in which other countries are respected, their voices heard and that is really what the United States has at its core been trying to do since 1945. Its not really because the United States has gone into lots of third world countries and intervened and beaten up people and killed leaders tha
Should just get better. We cannot ask industry, oh, dont encrypt, dont do anything. I would love to follow that when chinese and russians also followed that as well. So thats just not going to work. Im very respectful of the problems that the Law Enforcement agency has with the current state of affairs. We just have to get better. And it works at the end its going to work better for us as a nation. So thats number one. I fully agree. Some of the things that so, going dark, i dont know if its going dark. I know that we are currently in a state that we are really able to think certain way about the system design, about the system security, about maintaining privacy. That world has changed. The world and the industry has changed rapidly. The rest of us are catching up. So i think it pays dividend if we figure out, take some time, figure out what are the rules of this new world where we dont necessarily need to rely on encryption. Im a big fan of encryption. Its one of the tools that Secur
Camp from michigan. Hes retiring at the end of the this year as you all know and were going to lose a tremendous talent in dave camp. But when he got together to take on the most ambitious reform of the tax code that i have seen in my lifetime, he said lets see if we can get the Corporate Income tax rate down to kind of that oecd country average, kind of that World International average. Lets see if we can get in there with everybody else. Thats striking to me because it is the best effort, again, that i have seen in my lifetime, and it was an effort to see if we can be right there in the middle, if we can be mediocre. I dont know when it became true in america that when we set our goals on doing something, our goal is to be kind of like everybody else. Well, thats the way they do it in europe. How it came to be that in america when we decide that we want to make a difference, we look around at what everybody else is doing and say lets be the same. I dont want to be the same. I want to
That World International average. Lets see if we can get in there with everybody else. Thats striking to me. Because it is the best effort again that i have seen in my lifetime. And it was an effort to see if we can be right there in the middle. If we can be mediocre. I dont know when it became true in america that when we set our goals on doing something, our goal is to be kind of like everybody else. Thats the way they do it in europe. How it came to be that in america when we decide that we want to make a difference, we look at what everybody else is doing and lets be the same. I dont want to be the same. I want to lead. I want to lead. What we do with the Corporate Income tax rate in the fair tax is take it to zero for one reason and one reason only. That is theres not a business on this planet that pays taxes. As you all know, bigs business collect taxes. Consumers pay taxes. Walmart doesnt pay taxes. They collect it from me when i buy and shop at walmart. The case for the fair ta