Put a leash on Hyper-regulators at EPA, FDA and NLRB

From Eric Dondero:

Just released by Huntsman for President. It reads like a laundry list of economic libertarian proposals; enough to make the Wall Street Journal editorialize, "Better than anything so far from the GOP Presidential field."

From the WSJ, "Huntsman's Good Economic Plan" Sept. 2:

The double tax on capital gains and dividends would be expunged as would the Alternative Minimum Tax. The corporate tax rate falls to 25% from 35%, and American businesses would be taxed on a territorial system to encourage firms to return capital parked in overseas operations.

Mr. Huntsman would repeal two of President Obama's most economically debilitating creations, ObamaCare and the Dodd-Frank financial regulation law. Mr. Huntsman has it right when he says, "Dodd-Frank perpetuates 'too big to fail' by codifying a regime that incentivizes firms to become too big to fail." He'd also repeal a Bush-era regulatory mistake, the Sarbanes-Oxley accounting rules, which have added millions of dollars of costs to businesses with little positive effect.

Mr. Huntsman says he'd also bring to heel the hyper-regulators at the Environmental Protection Agency, Food and Drug Administration and the National Labor Relations Board, all of which are suppressing job-creation. The Huntsman energy policy promises to block impediments to producing oil in the Gulf of Mexico and Alaska (see editorial above), while encouraging the safe deployment of fracking for natural gas in the states.

jon2012.com