Bobby Jindal
Cutting Taxes = Increasing Revenue
Taxes were very high, but no real revenue was coming in. That’s because the system of taxes at that time was an early form of income tax that centered on the government taking a large percentage of a farmer’s crops.
So Ching Ti did something bold and innovative: he cut taxes.
Overnight, taxes went from over 50% down to about 3%. Farmers, who had fled to the hills to escape draconian tax rates, now came home and began farming again. To make a long story short, Ching Ti’s greatest problem while governing was trying to keep all the grain in his barns from spoiling.
It seems that ancient Chinese history is good for more than just cutesy script on a fortune cookie.
New Year Predictions by the UL Staff
John Killian
National
* Barack Obama will realize that Congress is not ready to go along with his progressive agenda. Many Southern and rural Midwestern Democrats were elected as pro-life conservative Democrats. Hence, his Freedom of Choice Act (FOCA) will never see the light of day.
* With nervousness on the economy, Obama will not push for Nationalized Health Care. You will see some adding around the edges, but no major increases in federal programs. Obama’s advisers will warn him about the effect of more spending and especially, more taxes on our fragile economy.
Tips for the Republicans
The GOP chief knows the gig is up:
In a frank and private memo sent today to Republican National Commitee members, the RNC chairman acknowledges that the GOP has grown too addicted to ideology, places politics before policy, and is bereft of ideas — and that it’s imperative that the party shift towards a genuine effort to develop concrete policy solutions to people’s problems in order to rescue itself.
I have a few quick ideas:
Giuliani to Keynote Convention
The RNC has announced the lineup for their Convention and with the exception of Sarah Palin, there is not a single Conservative on the list. Party conventions are typically supposed to be a show of party-wide unity, with every faction within the party putting aside their differences to defeat their common enemies; with McCain shunning all true conservatives in order to embrace the neoconservatives, 2008 is not such a year.
If McCain hopes to earn the votes of traditional Republicans on November 4th then he should at least give them some false rhetoric and maybe a handful of convention speakers - but it appears he is not even vaguely interested in such. Below is the Republican National Convention schedule and speaker lineup.

United Liberty








