Don’t Fall In Love With Politicians, Rand Paul Edition
I never get people who attach themselves with any passion to a candidate. For the most part, politicians are scum and most border on mental instability of one sort of another. And all of them will sell out at some point.
Even supposed ideologues like Rand Paul.
When Rand Paul and Barack Obama agree on a tax plan, something has gone very wrong.
Paul announced he’s teaming up with…Barbara Boxer to….save the highway trust fund. A sample of the proposal’s “highlights” (pdf)
Allows companies to voluntarily return their foreign earnings to the United States at a tax rate of 6.5 percent. The rate is only for repatriations that exceed each company’s average repatriations in recent years, and funds must have been earned in 2015 or earlier. Companies have up to five years to complete the transfer.
Ensures that a portion of repatriated funds will be used for increased hiring, wages and pensions; R&D; environmental improvements; public-private partnerships; capital improvements; and acquisitions. No funds may be spent on increases in executive compensation, or on increases in shareholder dividends or stock buybacks for three years after the program ends.
All tax revenues from the repatriation program will be transferred into the Highway Trust Fund.
A modern transportation system is the foundation for a strong U.S. economy and maintaining and improving our roads, bridges, and transit systems is necessary to ensure our nation’s global competitiveness. Transportation is and should be a nonpartisan issue and taking action to save the Highway Trust Fund and invest in our aging infrastructure is strongly supported by businesses, labor, and transportation organizations.
Telling companies what they must and can’t spend profits on? Public works as federal jobs programs? Not exactly out of the libertarian playbook, huh? In fact, they’re right out of the Democrats and the Chamber of Commerce’s. Surely Rand can’t be playing ball with the Chamber! Oh.
This is a long way from the government slashing budget proposals Rand used to offer.
I miss the old Rand.
Some will see this as growth (something to be wary of in Republicans) others…will have a different view.
If you want a real small government transportation plan, stick with Mike Lee.
This seems like the first step in making Paul’s presidential campaign all about his non-interventionist foreign policy. I support that to a limited degree but it’s not enough to take the risks associated with Paul.
Politicians are chess pieces. Support them if they help you win, sacrifice them if that helps you.