Magazine

Table: Kerrynomics: A Sampling


The plan hinges on raising marginal rates and rolling back capital gains and dividend tax cuts for families making more than $200,000:HELPING THE AVERAGE JOE AND JANE

Kerry would cover 27 million uninsured Americans and cut health costs by shifting large claims to Washington. He also wants to boost tax credits to cover four years at a state college, fund after-school programs, and expand Family & Medical Leave.

BOLSTERING JOB GROWTH

By cutting the corporate tax rate from 35% to 33.5% and offering a tax credit to cover payroll levies in industries affected by outsourcing, Kerry hopes to keep more jobs at home. He would offer a tax holiday for companies that reinvest overseas income in the U.S.

EDUCATING THE FUTURE WORKFORCE

The Democratic contender wants to fully fund the No Child Left Behind Act. In addition, he would provide mandatory funding for all federal education policies and hike teacher salaries, in exchange for school-performance standards.

BOOSTING SCIENCE & TECHNOLOGY

Kerry would increase support for federal R&D and ``critical technologies'' in such fields as physics and biotech. He also backs tax credits to speed universal broadband access and would commit to a 10-year ``Manhattan Project'' aimed at energy independence.

REDUCING THE DEFICIT

Kerry says his upper-income tax hike will cover his health and education plans. Beyond that, he pledges to cut the federal budget deficit by half over four years by requiring new revenues to cover any spending increases and by imposing spending caps on domestic programs.

Data: John Kerry for President


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus