Curtis Coleman 2010

U.S. Senate Candidate Curtis Coleman Announces Tax Reform Plan
Coleman: “Griping about the problems isn’t enough. It’s time we had some sound, practical solutions.”

(NORTH LITTLE ROCK, AR – 23 APRIL 2010) Conservative Republican U.S. Senate candidate Curtis Coleman released his tax reform proposals today as part of his “Restoring the American Dream” policy proposals. “Griping about the problems isn’t enough,” he said. “It’s time we had some sound, practical solutions. And it’s time for bold new leadership.”

“We must reform our tax policies to give small businesses in America an environment in which they can once again grow, thrive and prosper. When we restore that American dream, we’ll once again see hundreds of thousands of new jobs and new opportunities for America’s hard-working families and entrepreneurs.”

Coleman’s proposals include:
• Opposition to a proposed “value added tax” (VAT)
• Reduced federal spending, not increased taxation, as the way to eliminate deficit spending
• Support of The FairTax or a flat tax
• Job creation through elimination of capital gains taxes
• Job creation though elimination of corporate income taxes
• Job creation through elimination of the estate or “death” tax
• Elimination of the complicated Alternative Minimum Tax (AMT)
• Elimination of employment taxes on unearned income
• Reduction of the dividend tax rate

The complete text of Coleman’s tax reform plan is available at http://www.curtiscoleman.com/wp-content/uploads/2010/04/TAX-REFORM2010.pdf

Coleman formed an Economic Advisory Council in February and said that the council “would develop real-world solutions for creating an environment in America in which small businesses can once again prosper and create new and desirable jobs.” “We’ll be releasing other policy proposals developed by the Council over the next few days,” Coleman said.

Members of the Council include:
• Dan Hebert (Fayetteville) former CEO of Pace Industries
• Richard Wagnon (Texarkana) residential and commercial development, medical spas, rail car storage, biotech research, oil and gas exploration, and nursing home development.
• John Lessel (Little Rock) Attorney at Law whose practice areas include taxation, estate planning, business law, corporate law
• Jeff Evans (Bentonville) Owner, Colonial Mortgage, LLC
• Dr. Grady Crosland (Little Rock) Anesthesiologist and Pediatrician practicing at UAMS and AR Children’s Hospital
• Joe Tarvin (Fayetteville) president and controlling partner of EGIS Engineering, Inc.
• Craig G. Rennie, Ph.D. (Fayetteville) the Clete and Tammy Brewer Professor of Financial Markets, Associate Professor of Finance, Managing Director Garrison Financial Institute for the University of Arkansas

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