Liberal bloggers are all over Bobby Jindal for his inability on Meet the Press yesterday to name a few "big ideas" that John McCain has proposed. (Of course, these are the same folks who sniffed at McCain's idea for an innovation prize to create a new super battery, and said nothing about his idea to provide wage insurance for displaced older workers.) A few thoughts on the topic:
1) McCain should never have endorsed extending the Bush tax cuts. It made him look disingenuous, because he voted against them. Instead, he should have strongly proposed an entirely different tax code. Period. Instead, his vague and underdeveloped idea for an optional tax code looks like a total gimmick.
2) One idea: GOP wunderkind Paul Ryan has proposed a two-rate tax system (25 percent and 10 percent) that partially served as the inspiration for McCain's alternative tax system.
3) Another idea: Former presidential candidate and veep shortlister Mitt Romney proposed eliminating all investment taxes for anyone making under $200,000. Essentially this would create a consumption tax since whatever you don't save, you spend. Still time to steal it, Johnny Mac.
4) Dramatically enlarging the child tax credit to make the tax code more pro-family. Parents would be talking about this one over their kitchen tables.
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COL. A.M.Khajawall [Ret] of NV 1:53PM August 25, 2008