Home | Recommend Us | Contact us | Make NK your default homepage    

Home Astrology Chinese Astrology Numerology Recipes Self Help Photo Gallery Yoga Travel Education Pincodes Baby Names
Top Tamil Movies | Top Tamil Songs | Top Telugu Movies | Top Telugu Songs | Top Malayalam Movies | Top Malayalam Songs

Video News  | Stock Market | Gold/Silver Price | Currency Rate |

  News Channels
 
Kerala News
India News
World News
Business India
Sports News
Cricket News
Travel News
Health News
Technology News
News Reviews
Literature News
Education News
NRI News
Special Features
Entertainment News
Bollywood News
Hollywood News
Malayalam Cinema
Tamil Cinema News
Kannada Cinema
Telugu Cinema News
  Regional News
Andhra Pradesh News
Gujarat News
Karnataka News
Maharashtra News
Punjab News
Tamil Nadu News
West Bengal News
More India News
 
  Top Sections:
India Travel
India Travel
Dance Forms of India
Dance Forms of India
Festivals of India
Festivals of India
Temples of India
Temples of India
Make Up Lessons
Weight Loss Tips
Top World Destinations
World Travelogues
  NEWKERALA.COM News Section:
 

Home > News > world-news

Republicans to cut corporate tax to keep jobs in America

By Arun Kumar, Washington, Sep 2 : Like the Democrats the Republicans too want to keep jobs in America, but instead of stopping tax breaks for companies that outsource they plan to do so by reducing corporate tax.

As the Republican platform or manifesto says the party supports "a major reduction in the corporate tax rate so that American companies stay competitive with their foreign counterparts and American jobs can remain in this country."

The platform adopted on the truncated opening day Monday of the Republican national convention at St Paul, Minnesota to formally nominate John McCain as the party's presidential nominee is not binding on the maverick candidate and if elected he may set his own course.

"America's producers can compete successfully in the international arena -as long as they have a level playing field," says the Republican agenda suggesting the current US tax code is tilted against them, with one of the highest corporate tax rates of all developed countries.

"That not only hurts American investors, managers, and the US balance of trade; it also sends American jobs overseas."

Advocating free and fair trade, the party would "encourage multilateral, regional, and bilateral agreements to reduce trade barriers that limit market access for US products, commodities and services."

Proposing a particularly "aggressive trade strategy" with regard to agriculture, the Republican platform vows to contest any restrictions upon US farm products within the World Trade Organisation and to work to make the WTO's decision-making process "more receptive to the arguments of American producers."

Pledging stronger action to protect intellectual property rights against pirating, the party platform says it "will aggressively oppose the direct and indirect subsidies by which some governments tilt the world playing field against American producers."

Acknowledging that immigrants "seeking the American dream" are "contributing culturally and economically to our nation", the Republican platform asks both government and the private sector "to do more to foster legally present immigrants' integration into American life to advance respect for the rule of law and a common American identity."

To this end, the Republican platform would encourage immigrants to learn English. As "our common culture is based upon a common language - English -and every child must learn English to have the opportunity to succeed in America," it says.

Calling for the development of a strategy for foreign assistance that serves US national interest, the platform says "including the world's poor in an expanding circle of development is part and parcel of the Republican approach to world trade through open markets and fair competition."

Suggesting that it must also be a top priority of US foreign policy, the platform says Republicans "will target foreign assistance to high-impact goals: fostering the rule of law through democratic government, emphasising literacy and learning, and concentrating on the foundations for economic development."

Describing nuclear energy as "a gift to mankind implanted in matter itself", the Republican platform laments that "unwarranted fearmongering that has no relationship to current technologies and safeguards" has prevented the US from starting construction of a single Nuclear power plant in 31 years.

"Confident in the promise offered by science and technology, Republicans will pursue dramatic increases in the use of safe, affordable, reliable and clean nuclear power," it says suggesting it would rejuvenate "the nation's industrial and manufacturing base" and lead it away from its dependence on foreign oil.

Calling nuclear terrorism as "the gravest threat we face", the Republican platform suggests that the US should lead the effort for reducing the world' s nuclear stockpiles and preventing proliferation to counter this challenge.

It should do so by reducing the size of US Nuclear arsenal "to the lowest number consistent with our security requirements and working with other Nuclear powers to do the same."

"In cooperation with other nations, we should end the production of fissile material, improve our collective ability to interdict the spread of weapons of mass destruction and related materials, and ensure the highest possible security standards for existing Nuclear materials wherever they may be located," the platform suggests.

--- IANS

Post your comment
Subscribe to RSS Feeds


Rating: This article has not been rated yet.

Rate:
 




Special Features:
Online social media comes alive during Mumbai attacks
Gorakhpur's Sun Temple facing neglect
Unrealistic married life's hopes driving brides to post-nuptial depression
Parents' smoking patterns govern kids' chances of picking up habit
Gurudwara Bangla Sahib hosts exhibition on Sikhism
How to live a happy married life during economic crisis
Snoring may stunt kids' growth
How to prevent and handle bullying
This paanwala will spook superstitions out of you
Now a Nair tea stall at a five star hotel

Video News Headlines:

Sky turns into a melange of colors with butterflies
Turban a hit among poll campaigners in Rajasthan
Suzuki launches Hayabusa in New Delhi
India beats England to go 5-0 up in the seven ODI
Hrithik Roshan smooches actress Barbara Mori
Migratory birds flock to Kashmir with the onset of winters
Bed-and-Breakfast scheme instant hit in Chandigarh
Slump hits hard the pig iron industry
Mumbai ‘still not under control’ says CM
Over 100 dead in Mumbai attacks
Characters in Bollywood that took over the actor
Movie based on painter, all set to woo the audience
ASI begins renovation at Fatehpur Sikri
 
RBI bias towards growth says FM
Aggression is paying off, says Srikanth
No need to alter 5-year growth plan: Montek Singh Ahluwalia
Fairy Queens of Bollywood
Lakes dying due to silt deposition in Nainital
Salarjung Museum faces the brunt of pollution
Middle way approach won't yield result: Tibetan Youth
Anand advocates chess in Olympics
Salman Khan won’t promote Himesh?
Sports industry feels the heat of global recession
Farmers take to horse breeding
International seminar promotes martial arts
Hindu blast trail leaves behind dust storm
Maradona fans release music video in Kolkata

India Travel Maps:

Regional Maps of India:  Andhra Pradesh    Bihar    Goa    Gujarat    Haryana    Himachal Pradesh    Karnataka    Kerala    Maharashtra   Punjab    Rajasthan    Sikkim    Tamil Nadu    Uttar Pradesh    West Bengal

City Maps of India:  Ahmadabad    Bangalore    Chennai   Coimbatore    Delhi    Hyderabad & Secunderabad    Kochi    Kolkata    Mumbai   Pondicherry   Pune    Surat

States of India Information:

Andaman Nicobar    Andhra Pradesh    Assam    Bihar    Chandigarh    Chhattisgarh    Dadar Nagar Haveli    Daman Diu    Delhi    Goa    Gujarat    Haryana    Himachal Pradesh    Jammu Kashmir    Jharkhand    Karnataka    Kerala    Lakshadweep    Madhya Pradesh    Maharashtra    Manipur    Meghalaya    Mizoram    Nagaland    Orissa    Pondicherry    Punjab    Rajasthan    Sikkim    Tamil Nadu    Tripura    Uttaranchal    Uttar Pradesh    West Bengal

  Photo News

 

Entertainment Sports Current Affairs
  Best of NewKerala.Com
Self Help Self Help
India Greeting Cards Greeting Cards
India Education India Education
Indian Recipes Recipes
India Travel Maps


 
    Photo Gallery:
Bollywood Photos
South Indian Cinema Photos
Most Visited Pages:
Top Bollywood Movies
Top Bollywood Songs
Top Hollywood Movies
Top Hollywood Songs

Today's TV Schedule:
Hindi TV Channels
Kannada TV Channels
Malayalam TV Channels
Tamil TV Channels
Telugu TV Channels

Today in History

 

 
Home | Recommend Us | Contact us | Make NK your default homepage
© 2001-2008 NEWKERALA.COM. All Rights Reserved.