1. IDEAS

    Huntsman’s Jobs Plan: Tax Cuts

    Republican 2012 presidential hopeful and former Utah Gov. Jon Huntsman speaks at a breakfast at American Legion Post 3 in Nashua, N.H., Saturday, August 13, 2011.  (AP Photo/Cheryl Senter)

    Cheryl Senter / AP Photo

    Underdog presidential candidate Jon Huntsman debuted his jobs plan Thursday, but unlike his recent global-warming tweets the proposals hew closely to conservative principles. Huntsman would simplify the tax bracket into a more regressive set of three rates—8 percent, 14 percent, and 25 percent. He’d also eliminate the capital-gains tax, a move that would disproportionately help the super-rich. Huntsman says his plan would be revenue neutral because it would close billions in tax breaks.

    Read it at Talking Points Memo