Former Utah Gov. Jon Huntsman (R) will propose sweeping tax reforms Wednesday in a speech outlining his plans on job creation.
Huntsman will lay out his plans for tax and regulatory reform, energy independence and free trade in a New Hampshire speech that’s being billed as perhaps the last best chance for Huntsman, who stands far behind the GOP frontrunners in polls, to establish himself as a serious contender for the Republican presidential nomination.
“Meeting our challenges will require serious solutions, but above all, it will require serious leadership – a quality in high demand in our nation’s capital, and among my opponents on the campaign trail,” Huntsman will say, according to excerpts released by his campaign.
The centerpiece of the plan is a proposal to reform tax rates. The Huntsman plan would eliminate all loopholes, deductions and tax exemptions in exchange for establishing three individual income brackets, taxed at eight, 14 and 23 percent. The Huntsman plan would also eliminate capital gains and dividend taxes, do away with the Alternative Minimum Tax (AMT) and reduce the corporate tax rate to 25 percent.
The details of the Huntsman plan are really not important. Nobody believes Huntsman anyway.
Today’s exercise is a last gasp and Huntsman should be packing it in soon. He probably should have stayed in China working as Obama’s Ambassador.
According to the latest NH Journal/Magellan Strategies Poll.
In the wake of Texas Gov. Rick Perry’s entrance into the GOP presidential race, former Massachusetts Gov. Mitt Romney holds onto a double-digit lead in New Hampshire, according to a new poll.
Romney, who owns a home in the Granite State, attracts 36 percent support from likely GOP primary voters, according to a NH Journal/Magellan Strategies (R) poll released Wednesday. Perry makes a strong debut in the poll, however, placing second behind Romney with 18 percent support. Fellow Texan Ron Paul rounds out the top three with 14 percent.
Minnesota Rep. Michele Bachmann, whose focus on the early state of Iowa paid off in the form of a straw poll victory in Ames over the weekend, garners 10 percent support. Bachmann’s Iowa victory likely won’t boost her prospects in New Hampshire, however, as 84 percent of likely voters polled say the straw poll results won’t impact their decision in the GOP primary.
A good initial New Hampshire poll for Texas Governor Rick Perry.
Not so good for Michele Bachmann who won last weekend’s Iowa Ames Straw Poll. It seems that Perry who just announced a few days ago is sucking the air out of Bachmann’s conservative base and her campaign.
And, Jon Huntsman. Why is he still in the race?
Former Utah Gov. Jon Huntsman attracts only 3 percent support from voters. The former U.S. ambassador to China has been polling near the bottom of national surveys, but his focus has been on New Hampshire. He visited the state last week, but the Magellan survey shows a plurality of voters in the state — 47 percent — have an unfavorable opinion of him. Twenty percent say they like him while 24 percent say they don’t know enough about him to make a decision.
John McCain and John Weaver
Jonathan Martin’s terrific piece on the unraveling of Jon Huntsman’s presidential campaign has garnered deserved attention. But one quote — from Huntsman’s long-time confidant David Fischer regarding chief strategist John Weaver — struck me as especially noteworthy.
Fischer said that one of the reasons he was going public with his story was because, “Weaver’s history in past campaigns is when they don’t work out, for whatever reason, he attacks the candidate.”
Put in historical context, Fischer’s worries may not be absurd.
Read it all and then answer the question: Does Jon Huntsman Have No Choice But to Dump John Weaver?
A blistering internal feud in the Jon Huntsman presidential campaign is erupting into public view, with dueling camps trading charges and an exodus of campaign officials.
And now, a longtime family friend tells POLITICO that Huntsman’s wife and father fret that his presidential prospects have been threatened by the turmoil — and he places the blame on John Weaver, Huntsman’s controversial chief strategist.
Huntsman himself is so worried about the “drama,” as he calls it, that he’s taken a hands-on role in the restructuring, in hopes of rebounding from early missteps before it’s too late to improve his bottom-of-the-pack standing.
“I look forward to a future of less drama, more money and increasing contrasts with my opponents. We can win this thing,” Huntsman wrote in an email to the friend just hours after the resignation of his first campaign manager, Susie Wiles, became public July 21.
“Goodness will overcome the temporary difficulties and early turf-protecting within the campaign,” wrote Huntsman, adding: “I love you like a brother.”
The recipient of that email — David Fischer, who has known Huntsman since the 1980s and later worked for his father — shared with POLITICO behind-the-scenes details about Huntsman’s stumbling start.
He described Huntsman’s organization as disorganized and full of staff tension, disclosed new facts about the candidate’s announcement day mishaps, recounted tearful conversations with the recently departed Wiles and revealed other previously undisclosed resignations.
Fischer himself recently left the campaign after being asked to give up his operations post by Weaver, who the campaign said was acting at the behest of the candidate. In a subsequent email — one of several from Huntsman reviewed by POLITICO — Huntsman asked Fischer to stay on in an advisory role.
Fischer attributed the problems in the campaign almost entirely to Weaver and a management style marked by what he and another campaign source described as “verbal abuse.”
“It’s not an ego [thing],” Fischer said, when asked why he was going public. “In fact, a lot of it is if the story gets told, I want the story to be, because Weaver’s history in past campaigns is when they don’t work out, for whatever reason, he attacks the candidate. And in this case, I am hoping that people at least focus on, well, what went wrong here? The strategy went wrong. The strategy didn’t work. At least to this day it hasn’t worked.”
After Fischer’s revelations, multiple sources close to Huntsman’s campaign subsequently came forward to corroborate some of the information and disclose new facts — revealing a campaign divided between factions loyal to Weaver and those who couldn’t stand him.
Weaver declined to answer questions, and the campaign instead issued a statement targeting Fischer.
“Dave Fischer tried to threaten the campaign regarding his participation in this story and we refused to cooperate with him,” said spokesman Tim Miller. “As a volunteer staff member he attempted to usurp authority, asked inappropriate questions about junior staff and was rightly asked to leave by Governor Huntsman. His statements about this campaign are untrue. The fact that he would be willing to undermine Governor Huntsman in this way says everything you need to know about his character, his credibility, and whether he has the Governor’s best interests at heart.”
Read it all.
Huntsman’s campaign NEVER had a chance from the beginning and after this embarrassing revelation would be better to save his time, effort and money and prepare for the next part of his career. This Presidential campaign is a disaster and demonstrates Huntsman’s like of executive expertise.
Put a fork in Huntsman – He’s Done.
California Controller John Chiang decided yesterday afternoon that he would withhold paychecks from California Legislators since they did not pass a “balanced” budget by the deadline as specified by Proposition 25. Now, remember they did pass a budget which was quickly vetoed by Democrat Governor Jerry Brown. This budget was not “balanced” enough for the California Controller.
Oh well – back to the drawing board.
However, this is not stopping these same Legislators from soliciting campaign cash this week.
Monday, Republican Sen. Bill Emmerson was looking to bulk up his campaign chest for re-election next year.
Tuesday saw nine legislators making the restaurant rounds from Spataro to Chops to Esquire Grill and beyond: Democratic Assemblymen Marty Block, Das Williams and V. Manuel Pérez, and Sen. Curren Price; plus Republican Assembly members Dan Logue, Katcho Achadjian, Chris Norby and Diane Harkey, and Sen. Sam Blakeslee.
Today, these lawmakers continue the quest: Democratic Assemblymen Ben Hueso, Sandré Swanson and Henry T. Perea and Sen. Noreen Evans; plus Republican Assemblymen Brian Jones and Don Wagner, and Sens. Doug LaMalfa and Mark Wyland.
Who ever said these POLS would be starving with or without balancing the California budget?
On to this morning’s California links.
Spider-Man star Tobey Maguire is among more than a dozen high-profile Hollywood celebrities being sued in connection with a mega-millions illegal gambling ring that ran high-stakes underground poker games, Star magazine is reporting exclusively.
Maguire, 35, won more than $300,000 from a Beverly Hills hedge fund manager who embezzled investor funds and orchestrated a Ponzi scheme in a desperate bid to pay off his monster debt to the star and others, it’s alleged.
An FBI investigation into Brad Ruderman, the CEO of Ruderman Capital Partners, uncovered how he lost $25 million of investor money in clandestine poker games held on a twice weekly basis in suites at the luxury Beverly Hills hotel, Four Seasons, and the Viper Room on Sunset Boulevard.
California Governor Jerry Brown has drafted a plan to pass a budget through the Legislature that sidesteps Republicans who blocked a previous effort, according to two people with knowledge of the matter.
Brown’s proposal comes as legislators have been forced to forfeit pay for every day they fail to send a balanced budget to the governor past a June 15 deadline. He vetoed a spending plan sent to him by Democrats last week, saying it used legally doubtful maneuvers and one-time fixes.
“I’ll be sharing some very specific ideas tomorrow,” Brown said to reporters as he left a meeting with Assembly Democrats yesterday. “There will be several ideas I’ll propose.”
Legislators, Democrats and Republicans alike, know all that and they simply won’t swallow the bitter medicine that the grown-up Brown says is the only alternative if he doesn’t get the chance to ask voters to weigh in on extending current tax rates.
From the legislators’ perspective, when compared to their other choices, the idea of muddling through for another year without solving the state’s chronic fiscal problems doesn’t seem like such a terrible option.
Thus far, Brown hasn’t wavered from the plan he put forth in January. But the new fiscal year begins a week from Friday.
“The next step is the governor’s,” Senate President Pro Tem Darrell Steinberg, D-Sacramento, said Monday. “If he wants to suggest a budget with significantly deeper cuts to education, health care and public safety, we’ll take a look at it.”
If Brown is forced to take that step, know this: It won’t be nearly as popular as his veto.
Jon Huntsman, fresh off his campaign launch, will host three high dollar California fundraisers next week.
The former Utah governor will be in San Diego on June 26th, and Orange County and Los Angeles on June 27th. Dinner with Huntsman will cost donors $1,000, while a VIP cocktail reception will cost the primary election maximum of $2,500. Huntsman is also soliciting high dollar bundlers to raise money on his behalf and offering them perks like a seat at the head table and extra VIP tickets for high dollar commitments.
Enjoy your morning!