If you have not heard of American Solutions you might want to check out their website. Americansolutions.com
Lead by Newt Gingrich American Solutions was the organization responsible for the successful "Drill Here, Drill Now" internet campaign a few months ago.
American Solutions has come up with Ten Proposed American Solutions to get America out of its current financial crisis.
These ten proposed solutions include abolishing the capital gains tax, lowering corporate taxes, ending corporate bailouts, ending earmarks & porkbarrel spending,eliminating the death tax, and creating an optional single rate tax system.
It seems all we hear on the news lately is depressing news about the economy, and rightly so, it is a huge problem. After listening and reading about what should be done I believe that a great jumpstart would be to immediately abolish the capital gains taxes. China does not have a capital gains tax and we have to compete daily with China for investors. I have not heard any convincing arguments for keeping the capital gains taxes.
Anyway visit Americansolutions.com and read what Newt and others have to say...sounds like a lot of common sense talk to me!
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