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CSE Mailbag Sept. 10, 2002
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Press Release

CSE Mailbag Sept. 10, 2002

Restoring America

09/04/2002
Taxpayer Relief Pledge
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Press Release

Taxpayer Relief Pledge

TAXPAYER RELIEF PLEDGE On May 26th the U.S. Congress passed one of the largest tax cuts in history. This bill marked the first time in a generation that Americans have had their tax burden reduced by any significant amount. Although an excellent first step, Congress cannot allow their hard won efforts to be watered down or undone.

09/04/2002
CSE Mailbag Sept. 4, 2002
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Press Release

CSE Mailbag Sept. 4, 2002

Federal Workers

09/04/2002
Bad Taxes at Home Cause Trouble Abroad
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Press Release

Bad Taxes at Home Cause Trouble Abroad

As the global economy becomes more integrated and capital flows more freely around the world, the need for fundamental tax reform in the United States becomes more evident. Just recently, the World Trade Organization (WTO) announced that the European Union could move forward with $4 billion in sanctions against the United States. The sanctions are a response to current tax policy in the United States, which provides tax credits to companies doing business overseas. These tax credits were claimed to be an unfair export subsidy for American companies. What’s really unfair is the federal tax code, which has become so burdensome and complex that other countries are becoming more attractive to investors.

09/04/2002
A Tough Row to Hoe
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Press Release

A Tough Row to Hoe

This Week. Both the House and Senate resume legislative business this week after a month-long August recess. The Senate, which reconvened on Tuesday, will focus on legislation to create a Department of Homeland Security, S. 2452 and the 2003 Interior appropriations bill. The House, which does not begin work until today (9/4) has eight bills to be considered under suspension of the rules, a dam safety measure (HR 4727), a measure to make permanent various education tax breaks included in last year's big tax-cut package and motions to go conference on two spending bills. On Friday, both Houses will be conducting a special meeting in Federal Hall in New York, New York in remembrance of the victims and the heroes of September 11, 2001. A Tough Row to Hoe This will be a tough couple of weeks for legislators. Looming over them is the November 5th election currently only 8 short weeks away. Despite their best efforts to the contrary, any decision or legislation they undertake will be rife with the underlying politics. It is impossible to separate the two – with an almost evenly divided Senate and a single digit majority in the House – there is too much at stake.

09/04/2002
Monkeys With Darts
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Press Release

Monkeys With Darts

When George W. Bush was sworn in as the 43rd President of the United States the Congressional Budget Office (CBO) estimated that the federal budget for fiscal year 2002 would be in surplus by an eye-popping $405 billion. Last week, the CBO issued its latest estimate for 2002: a $157 billion deficit. In just over 19 months in office, President Bush has overseen a $552 billion swing in the 2002 budget and an estimated $7 trillion deterioration of the federal government’s 10-year fiscal outlook.

09/04/2002
Empower America Co-Director Jack Kemp Strongly Endorses the Cox Bill to Repeal the Double Taxation of Dividends
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Press Release

Empower America Co-Director Jack Kemp Strongly Endorses the Cox Bill to Repeal the Double Taxation of Dividends

Today, Congressman Christopher Cox (R-CA) introduced a bill to repeal the double taxation of dividends titled, “The Investor Protection, Market Stabilization, and Tax Fairness Restoration Act.” In a letter to his former House colleagues, Empower America co-director Jack Kemp strongly supported the Cox bill and urged Congress and the administration to embrace even broader legislation to encourage capital formation, productivity, and employment while simultaneously moving the tax system toward fundamental tax reform.

09/04/2002
Empower America Co-Director Jack Kemp Strongly Endorses the Cox Bill to Repeal the Double Taxation of Dividends
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Press Release

Empower America Co-Director Jack Kemp Strongly Endorses the Cox Bill to Repeal the Double Taxation of Dividends

Today, Congressman Christopher Cox (R-CA) introduced a bill to repeal the double taxation of dividends titled, “The Investor Protection, Market Stabilization, and Tax Fairness Restoration Act.” In a letter to his former House colleagues, Empower America co-director Jack Kemp strongly supported the Cox bill and urged Congress and the administration to embrace even broader legislation to encourage capital formation, productivity, and employment while simultaneously moving the tax system toward fundamental tax reform.

09/04/2002
Group Ads Blasting Kulongoski
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Group Ads Blasting Kulongoski

BY Jeff Mapes

Summary: The Democratic candidate calls Citizens for a Sound Economy's ad inaccurate A conservative, pro-business group has begun airing a television ad that attacks Democratic gubernatorial nominee Ted Kulongoski for supporting tax increases. Kulongoski's campaign called the ad inaccurate and demanded that Citizens for a Sound Economy take it off the air. Russ Walker, the group's Oregon director, defended the ad and said it would continue to run. His organization, which receives funding nationally from a number of large corporations, is a tax-exempt nonprofit group and regards the commercial as educational and not as a campaign ad. The commercial says Kulongoski supports $559 million in higher income taxes and a doubling of the state's $15-a-year vehicle registration fees, which the ad says would hurt the state's economy. Although Kulongoski in April said he would support a one-year income-tax surcharge to help protect funding for schools, he has never supported a specific dollar amount for such a surcharge, said Kristen Grainger, Kulongoski spokeswoman. "What we're seeing here is an organization not letting the facts get in the way of a hit ad," she said. She noted that the ad cites as its source a news article that contains no dollar figure for Kulongoski's proposal. Walker said the dollar figure was a conservative estimate of what such a surcharge would cost. He also said his group was acting independently of the campaign of Kulongoski's chief rival, Republican Kevin Mannix. Mike Beard, a Mannix spokesman, also said Mannix had nothing to do with the ad. "I would be surprised if we don't see more independent expenditures along this line," Beard said. "Oregonians are becoming aware that Kulongoski will raise taxes."

09/04/2002
Coalition for Auto Insurance Competition
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Coalition for Auto Insurance Competition

The New Jersey State Senate today passed legislation correcting years of politically influenced auto insurance regulations that have eroded the availability of coverage for drivers. Voting 29-4, the Senate approved the New Jersey Automobile Insurance Competition and Choice Act, which aims to attract more auto insurers to do business in New Jersey and provide consumers greater and easier access to auto insurance coverage. "Years of excessive regulations have turned New Jersey into a horror story for drivers seeking insurance," said John Friedman, chairman of the Coalition for Auto Insurance Competition. "Thanks to bipartisan leadership, New Jersey drivers are closer to reaping the benefits of a truly competitive auto insurance marketplace." Politicizing and over regulating auto insurance is the root cause of the state's exodus of auto insurers, leaving consumers too few companies from which to purchase auto insurance. Five of the six largest auto insurers in the nation do not sell auto coverage in the state and more than twenty auto insurers have left New Jersey in the past decade. "Considering the New Jersey's nationwide reputation to over regulate auto insurance, today's Senate vote has tremendous significance," said Friedman. "Today's bi-partisan vote is confirmation that lawmakers are serious about true reform. For drivers, today means there is hope that our auto insurance crisis may be near an end. But first, the Assembly needs to immediately follow the Senate's lead and pass this bill now. Drivers can't wait any longer." The Coalition members include the National Association of Independent Insurers, Insurance Council of New Jersey, American Insurance Association, New Jersey Chamber of Commerce, Independent Insurance Agents of New Jersey, Citizens for a Sound Economy, National Association of Mutual Insurance Companies, New Jersey Association of REALTORS(R), Professional Insurance Agents of New Jersey, New Jersey Food Council, New Jersey Retail Merchants Association, NJ SEED (Society for Environmental, Economic Development) Latino Chamber of Commerce of Mercer County, and the Commerce and Industry Association of New Jersey. CHOICE AND COMPETITION Municipalities supporting New Jersey Automobile Insurance Competition and Choice Act Avon-By-The-Sea Borough Barrington Borough Bernards Township Boonton Town Branchville Borough Brooklawn Borough Buena Vista Township Butler Borough Cape May City Freehold Borough Frelinghuysen Township Garfield City Glassboro Borough Harrison Town Hillside Township Jefferson Township Laurel Springs Borough Little Ferry Borough Long Beach Township Mantoloking Borough Maurice River Township Middlesex Borough Millburn Township Millville City North Arlington Borough North Wildwood City Ocean Township Passaic City Pennsville Township Point Pleasant Beach Borough Somerville Borough Tuckerton Borough

09/03/2002

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