Former Alaska Governor Sarah Palin told an Anchorage radio duo on Thursday that if she were president of the United States, her first act would be to slash corporate taxes.
“Number one, we announce that we’re going to cut the corporate tax rate so that our industries can come back to America and know that this is where they can produce and keep more of what it is that industries and companies and businesses earn, so they can reinvest and hire more people,” Palin said on KWHL’s The Bob & Mark Show.
Palin said that as president, she would send the message that “the federal government cannot afford to be in the business of bailouts” and would replace the health care reform law with “some common sense reforms.”
Palin also named entitlement reform as a priority, along with opening up new land to help achieve energy independence — presumably a reference to her support for drilling in the Alaska National Wildlife Refuge.
“We can ratchet down funding for NPR and let the private sector fund that,” Palin added. “We can ratchet down subsidies for Amtrak. It loses so much money.”
Palin also used the subject of China to touch upon one of her most frequently mentioned topics of the last few months: monetary policy and worries about inflation.
“China is making some good points though, guys,” Palin said. “When they start talking about, ‘Hey, America, back off on you preaching to us that we need to readjust our currency and the value of our currency, so that the import/export balance is a little bit fairer’ when essentially America is doing the same thing with our own currency when you look at what the Fed is doing to essentially devalue our dollar by priming the pump. We’re printing more money and we’re throwing it into the system, and that eventually devalues the dollar and can lead to inflation.”