Taxes
Extend Bush cuts. Offer alternative 15 percent flat tax with $12,000 exemption. Retain major deductions and earned-income tax credit. Repeal estate tax. Cut business rate to 12.5 percent.
Deficits and budget
“Modernize” government to save $500 billion a year, end Medicare and Medicaid fraud, and pass a balanced budget amendment and reform entitlements.
Jobs and growth
Slash regulation of businesses. Replace National Labor Relations Board. Pursue “all of the above” energy plan, from nuclear to oil shale. To promote work ethic, give janitorial jobs to students. Audit Fed; narrow its mandate to price stability (dropping a focus on full employment).
Social Security and safety net
Consider reforms including a taxpayer option of putting a portion of Social Security into personal accounts, require job training alongside extended jobless benefits. Faults federal backing of student loans for pushing up tuitions and student debt.
