Bachmann To Outline Thoughts On Economy In Iowa

DES MOINES, Iowa (AP) — Republican presidential hopeful Michele Bachmann is telling college students in politically important Iowa that all Americans should pay taxes since they all benefit from services such as roads and bridges, national defense and the courts.

Her position, which she was outlining Thursday at Iowa State University in Ames, is a direct challenge to rivals Rick Perry and Herman Cain, who are advocating plans that would allow low-wage earners to continue paying no taxes while implementing a form of a flat tax on all other workers.

The Tax Policy Center estimates that some 46 percent of households this year will not pay federal income taxes.

Bachmann, a congresswoman from Minnesota, was set to talk about the economy as polls show her trailing behind other contenders in Iowa, which holds the first presidential caucuses in January next year.

She made a big splash when she got in the race this summer and won an early test vote in Ames in August. But her standing slipped as the GOP electorate rallied around Perry and then Cain. Now, she’s hoping Iowans give her a second look as Perry looks to overcome a month of stumbles and as Cain tries to weather the fallout from recently disclosed allegations that he was accused of sexual harassment in the 1990s when he was head of the National Restaurant Association.

With jobs and the economy as the top issues on voters’ minds, Bachmann hopes her tough talk will help her regain her footing in a state that her advisers see as a linchpin in their strategy.

In an outline of her speech released late Wednesday, she criticizes the current federal tax code as too complicated and corporate tax rates as unreasonably high. She criticizes a tax code that allows larger businesses to take advantages of loopholes to avoid paying their fair share. And she talks about her background as a former federal tax attorney.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

One Comment

  1. BoboBob says:

    Wow, she is so smart. She always has something intelligent to say, NOT!, BWAHAHAHAHAHA

    1. Gonna be says:

      a mighty short speech.

    2. Papa K says:

      I would like to hear one Republican that has something intelligent to say, but they will get their way because they have an agenda. The fringe issues like abortion and gay rights/marriage amendment will get the single issue Republicans out in force. Remember what Scott Walker’s message was during the campaign and how that all turned out. Beware … they lack a message for a reason.

  2. floyd says:

    hahahahahahhahhhhh,,,hahhhahahahahahhh outlines thoughts on economy, Might as well be outling thoughts on physics or black hole theorys, I have a black hole theory, in regards to her diatribe. what exactly do you think is so great about iowa, the repugnants are in a real black hole with the current candidates or should i say lack there or. hahahahhaaahhah outline her thoughts; lucky to get a heading

  3. angus says:

    Her theory: Send me more government money while protecting the rich, i.e. white people, and forget the poor and middle class

  4. maxey says:

    Another couple of months it’ll be over. .Mercifully.

    1. Citizen says:

      Her book comes out in a couple of weeks, so it should be less than a couple of months!

      1. Amused says:

        She is now “selling” personalized copies for $125.00 and signed copies for $75.00. Out of money and desperate, the book is her only hope. (Bringmethenews has the link to story).

        1. reserve your spot says:

          Half Price books is taking pre-orders to buy as they anticipate an avalanche of the things coming in.
          $3 a copy for the personalized ones and the other they allow to go into the dumpster out back for free.
          pretty sweet deal

  5. Billomatic says:

    “Michele Bachmann is telling college students in politically important Iowa that all Americans should pay taxes’ Why should we pay taxes? I never knew I should. Thanks MB for letting me know that you idiot.

  6. sam says:

    Wait a second,
    “corporate tax rates are too high”
    “loopholes allow big businesses (corporations?) to pay too few taxes”
    To paraphrase:
    “Corporations pay too much in taxes”
    “Corporations don’t pay enough in taxes.”

  7. max says:

    I can’t wait! I am sure her plan will be insightful, well thought out and backed by all of the country’s preeminent economists. NOT!

  8. Moby says:

    “Bachmann To Outline Thoughts” lol, now that’s funny.

  9. kevin says:

    “Bachmann To Outline Thoughts”
    I peed my panties

  10. Murph says:

    A penny for her thoughts? Too expensive for my blood,my home,my car and belongings and everything else her and her kind wants to confiscate to further over feed the super rich! The GOP has by far over stepped any credibility that they never really had to begin with.Faux news,false faith,false promises,false alegations and Michele has some cute squared off genuine false claws! Aside from that.were can we get tar and feathers on credit?Anyone got a non maxed card? Why not borrow the money to citizens at 5 percent rather than to banks at 1 percent! It’s time to cut out the middle man!

  11. j speedbag 64 says:

    shelly you are looking at the poll numbers upside down……nobody is listening

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