 September 14: Ditch Dutch Ruppersberger.
Vote Josh Dowlut for MD's 2nd District.
Maryland's
2nd Congressional District
JOSH's BLOG at the
Baltimore Sun
Interview on ABC:
It's time for the GOP to try something
else!
Detailed Action Plan
to Balance the Budget and Create Jobs
Problems
• 10% unemployment as far as the eye can see.
• Deficits that are 10% of gross domestic product
(GDP) and 40% of spending.
• Stagnant real wages for the last 40 years.
• We could completely eliminate every program other
than defense and entitlements, and we’d still have
huge deficits.
Growth Solutions
• The best way to expand payrolls is to cut the
payroll tax.
• Exempt the first 100 employees from the payroll
tax. 95% of all business in Maryland and 40% of the
Maryland work force would be exempted from an oppressive,
regressive regulatory and tax burden. Revenue loss:
$320B/year.
• Close the $106k earnings loop hole and revenue
neutral adjust everyone’s payroll tax from 7.65%
down to 3.5%.
• Encourage states to deregulate small businesses.
Aside from the payroll tax, most small business
regulation happens at the state level. Regulation is an
anti-competitive government aid for big business.
• Replace our centrally planned predatory banking
system with a free market and honest banking system. End
the Fed. Return to a gold standard.
Spending Cut Solutions
• Raise full eligibility for Social Security and
Medicare to 71. It’s the only solution in keeping
with the original intent of Social Security. Savings:
$452B/year.
• Cut defense spending to inflation adjusted Cold
War levels. Savings $260/year.
• Close the federal government pay advantage over
the private sector. Savings $50B/year.
• Cut contractor spending 10%. Savings $54B/year.
• Zero-based budgeting, especially on entitlements.
No automatic increases; every department must justify
every dollar. Savings undetermined.
• Privatize/end welfare. Replace it with a
dollar-for-dollar tax credit to private charities, capped
at 10% less than current welfare. Savings: $57B/year.
• Cap future spending growth at half of GDP growth.
• The result, a realistic plan to balance the
budget.
• Keep it balanced with a balanced budget amendment.
 Josh Dowlut for MD's 2nd District
on facebook
Josh Dowlut in a podcast
interview (Interview begins
30 second in.)
TV news story about city hall
protest organized by Josh Dowlut
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