Sen. Rand Paul came to Detroit Friday with an economic plan that not everyone is buying, including state Rep. Thomas Stallworth III, a Democrat representing the Motor City.
The plan, unveiled at at a speech before the Detroit Economic Club, calls for the creation of “economic freedom zones” for that would cut federal taxes in communities like Detroit that have an unemployment rate of 12% or more.
The plan calls for federal personal and corporate taxes to be lowered to 5%. Additionally, federal payroll tax would be cut to 2% for employees and employers.
Rep. Stallworth issued a statement after the speech, essentially saying, thanks for nothing.
We already have a Republican Governor who claims to help Detroit by stripping its elected leaders of their powers, turning the city over to an emergency manager who awards $62 million in no-bid contracts to wealthy consultants, while threatening to cut the pensions of retirees already on fixed incomes.
Detroit and other urban cities throughout Michigan don’t need this type of help. We need investment in our communities that bring good paying jobs, and funding for education and training. If Mr. Paul and Mr. Snyder wanted to help, they could first, stop the continued assault on the middle class, and the Governor could start by relinquishing past-due revenue sharing that the state has withheld that has contributed to these dire situations across this state.
Read Jeff Wattrick's commentary: Fact-Checking Sen. Rand Paul's Vision For Detroit (Dec. 6)
