This, supposedly, is the draft of the document.
http://www.washingtonpost.com/wp-srv...e_09222010.pdf
Here's a section - its a long winded document, and not terribly clear as a draft.
Quote:
Our Plan to End The Uncertainty and Create Incentives for Job Growth If we?ve learned anything during the recession, it?s that we cannot tax and spend our way to prosperity. The best way to get people working again is to rein in the growth of government and end the uncertainty facing small businesses. By addressing both issues, our plan revives free enterprise and moves America away from a debt-driven economy.
? Permanently Stop All Job-Killing Tax Hikes: We will help the economy by permanently stopping all tax increases, currently scheduled to take effect January 1, 2011. That means protecting middle-class families, seniors worried about their retirement, and the entrepreneurs and family-owned small businesses on which we depend to create jobs in America.
? Give Small Businesses a Tax Deduction: We will allow small business owners to take a tax deduction equal to 20 percent of their business income. This will provide entrepreneurs with a much-needed infusion of capital for investment and new hiring.
? Rein In the Red Tape Factory in Washington, DC: Excessive federal regulation is a de facto tax on employers and consumers that stifles job creation, hampers innovation and postpones investment in the economy. When the game is always changing, small businesses cannot properly plan for the future. To provide stability, we will require congressional approval of any new federal regulation that has an annual cost to our economy of $100 million or more. This is the threshold at which the government deems a regulation ?economically significant.? If a regulation is so ?significant? and costly that it may harm job creation, Congress should vote on it first.
? Repeal Job-Killing Small Business Mandates: One of the most controversial mandates of the Democrats? government takeover of health care requires small businesses to report to the Internal Revenue Service any purchases that run more than $600. This 1099 reporting mandate is so overbearing that the IRS ombudsman has determined that the agency is ill-equipped to handle all the resulting paperwork.. We will repeal this job-killing small business mandate.
MORE SIDE BAR TEXT:
? At the current pace of job growth, it will take longer to recover now than it did to recover from the Great Depression. At this rate, the pre-recession level of jobs will not be achieved until September 2017, more than 80 months from now. That would be nearly 10 years after the recession started, or almost two years longer than it took the U.S. to recover from job losses during the Great Depression.
? According to congressional analysts, these are the consequences of the tax hikes that are set to take effect on January 1, 2011:
? A single mom earning $36,000 per year could pay more than $1,100 more in taxes.
? Married senior citizens earning $40,000 per year could pay more than $1,400 in higher taxes.
? 31 million families will pay an average of $1,033 in higher taxes next year due to a reduction in the child tax credit from $1,000 to $500.
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the fact that the scheduled tax increase was passed under republican rule is convieniently never mentioned.
republicans rarely if ever mention their own additions to the deficit.
in a few days someone will have distilled this long document down to a series of stated goals.