Conservative Governor John Kasich Discusses Stimulus With FOX News (Video)
Successful conservative Governor John Kasich (R-OH) discussed an interesting new idea on FOX News that would bring a true and real stimulus to our economy.
One idea I had that they want to think about – there is expected to be about a trillion dollars that companies have in profits that are sitting outside of America. And a lot of these companies would like to bring this money home but the tax rates are so high that they instead are investing in places other than America. I think the notion of letting them bring that money back here at either a low tax rate or maybe a one-time pass on that would be a stimulus plan that would make some sense. It doesn’t involve public money, it involves the money that the companies have made, the profits they could bring back and re-invest and maybe improve their workforce; to buy plants and equipment and things like that. And give them a greater sense of confidence so they are willing to jump in.
Governor Kasich appeared with Fred Thompson on Fox News last week.
Governor Kasich knows what it takes to get things done, and to do it right. The S&P recently upgraded Ohio’s credit outlook while the federal government was downgraded.