Marco Rubio
Marco Rubio is a Cuban-American from Miami. He graduated from the University of Florida with a Bachelor of Arts in Political Science and earned his J.D. cum laude from the University of Miami Law School. Rubio began his political career as the West Miami City Commissioner in 1998. He was elected in Florida House of Representatives the following year and in 2009, he won his campaign for the U.S. Senate. He is the junior United States Senator from Florida and a previous Speaker of the Florida House of Representatives. Rubio is best known for his “100 Innovative Idea’s for Florida’s Future” proposal on which he consulted Floridian Citizens on ways to improve and reform the state government. Over half of the ideas generated through the proposal eventually became laws. Rubio is married to his wife Jeanette, with whom he has four children.
Contents
Tax Reform
Rubio's Tax Reform (section page)
A Pro-Growth, Pro-Family Tax plan
- Simplify the tax code to reduce the number of brackets from seven to three (MRWTR)
- Unorthodoxically wants to keep the tax rate ~35% for the top household income earners (Politico)
- Rubio plans to get rid of the tax burdens on dual earning married couples (MRWTR)
- Wants to repeal ObamaCare and all associated $1 trillion in taxes (MRWTR)
- Wants to create a partially refundable Child Tax credit of up to $2500 per child that phases out above an individual income of 150k and a joint income of 300k (MRWTR)
- Eliminates all itemized deductions and tax “extenders” (MRWTR)
- Charitable contribution deduction and mortgage interest deduction available for all (MRWTR)
- Implements a single $2500 universal tax incentive for post secondary education or job skill training under the 400-500% threshold of the federal party line (MRWTR)
Businesses and Corporations
- Marco Wants to cut taxes for small business to 25% down from the current tax rate of 35% (MRWTR)
- Wants to implement a tax credit to any business offering between four and twelve weeks of paid family leave (MRWTR)
- Rubio’s plan aims to allow for immediate expensing of capital expenditures (MRWTR)
- Wants to reduce the double taxation of corporations doing business overseas (MRWTR)
- Aims to eliminate the federal estate tax that penalizes family owned farms and businesses (MRWTR)
- Interest income would not be taxable (MRWTR)
- Provides a transition period, which requires a one-time booking of investment at current law capital gains and dividend rates, minus the 3.8% investment tax hike from ObamaCare (MRWTR)
Jobs and Business Policy
Rubio's Jobs and Business Policy (section page)
Small Businesses
- Cut the taxes of small business to 25% (MRWAW)
- He wants to enable small businesses to immediately expense new investments (MRWAW)
- Wants to permanently repeal the estate tax (MRWAW)
- Rubio wants to completely rescind Obama care because of the associated tax hikes (MRWAW)
- He wants to reform current methods and induce the inclusion of small businesses in the regulatory process (MRWAW)
- Incentivize expansion of the American Energy Industry (MRWAW)
- Wants to put a ceiling on the negative economic impact of US regulations (MRWAW)
- Fight and seek repeal for the Carbon-Tax on the American Energy Industry (MRWAW)
Job Creation
- Wants to implement a skill and merit based system of immigration (MRWAW)
- “Know before you go act” - An act that would require Universities to offer future earning projections for a student’s prospective degree (MRWAW)
- Implement student investment plans which would create a relationship where a student’s degree would be financed by an investor who then receives a percentage of their future earning (MRWAW)
American Workforce
- Wants to give workers the option to receive either monetary compensation or paid leave for overtime work (MRWAW)
Health Policy
Rubio's Health Policy (section page)
Repealing and Replacing ObamaCare
- Expand access to affordable, quality health coverage by providing every American with an advanceable, refundable tax credit that can be used to purchase insurance. (MRWHC)
- Promote innovation in the Medicaid program by giving states a per-capita block grant, which preserves funding for Medicaid’s unique populations (MRWHC)
- Wants to keep traditional medicare and medicaid advantages for Seniors (MRWHC)
- Give Seniors a choice between a variety of private plans (MRWHC)
- Move Medicaid to a per capita block grant system (MRWHC)
- Reform insurance regulations to lower costs and develop state-based high risk pools for individuals with pre-existing conditions (Politico)
Drug Policy
Rubio's Drug Policy (section page)
Timid about reducing sentences for drug crimes as opposed to his fellow republicans who call for immediate revision
- Only medical marijuana and will not get behind it for recreational use (Washington Post)
- The federal should supersede state legalization of marijuana (OTI)
Middle East
Rubio's Middle East (section page)
On ISIS
- "These guys are not going to turn into stockbrokers overnight or open up a chain of car washes. They need to be defeated militarily" (RD7)
Wants to undo the deal with Iran the first day in office
- Wants to use military force as a credible threat against Iran if it decides to proceed with its nuclear program (MRWISIS)
Military Strategy
- Build a multinational coalition willing to send troops and support (MRWISIS)
- Increase the number of American troops on the grounds to partner with allies and fight ISIS (MRWISIS)
- Increase the number of Airstrikes in Syria and Iraq (MRWISIS)
- Align with Sunni and Kurdish forces (MRWISIS)
- Target ISIS’ financial reserves (MRWISIS)
Political Strategy
- Broadcast American victories (MRWISIS)
- Work with Baghdad to increase Sunni inclusion (MRWISIS)
- Advocate and protect religious minorities in the region (MRWISIS)
- Publicize and Expose ISIS’ war crimes (MRWISIS)
- Halt new admissions of refugees (MRWISIS)
- Enhance the security screening of the visa program (MRWISIS)
Trade
Reduce Barriers to Free Trade
- "My second goal is protecting the U.S. economy. For years, China has subsidized exports, devalued its currency, restricted imports and stolen technology on a massive scale. As president, I would respond not through aggressive retaliation, which would hurt the U.S. as much as China, but by greater commitment and firmer insistence on free markets and free trade. This mean immediately moving forward with the Trans-Pacific Partnership and other trade agreements." (The International Economy)
- "We must continue reducing barriers to free and fair trade. We should adopt the free trade agreements that have already been negotiated with Colombia, Panama, South Korea and other nations around the world. We should also insist that other countries reduce their own barriers to trade so that American goods can find new markets." (OTI)
"It is more important than ever that Congress give the president trade promotion authority so that he can finalize the Trans-Pacific Partnership."(CFR)
Immigration
Rubio's Immigration (section page)
- Modernizing the Immigration System
- Change from a family based immigration system to one on merit and skill
- keep the test on American History in addition to the skill based system
- Invest in an entry and exit tracking system for Visas
- Reassigning visas from family based immigrants to skill based immigration populations
- All immigrants must learn English (MRWI)
“Our legal immigration system from now on has to be merit-based… and on whether or not you're coming here to become an American, not just live in America, but be an American.” (Washingtonpost)
Environmental
Rubio's Environmental (section page)
Fix Environment with the Free Market
- "We must be willing to embrace the free-market approach--not European-style, big-government mandates." (OTI)
Climate Change
- "I do not believe that human activity is causing these dramatic changes to our climate the way these scientists are portraying it, and I do not believe that the laws that they propose we pass will do anything about it, except it will destroy our economy." (OTI)
Energy Plan
Optimize America’s Resources
- Empower states and tribes to control onshore energy development within their borders (MRWEP)
- Rewrite the Obama administration’s five-year Offshore Drilling Plan (MRWEP)
- Immediately approve the Keystone XL Pipeline (MRWEP)
- Immediately lift the 1970s-era ban on crude exports (MRWEP)
- Expedite approval of American natural gas exports (MRWEP)
- Defend U.S. interests in international climate negotiations (MRWEP)
- Bolster the energy security of U.S. allies (MRWEP)
- Conclude TTIP negotiations without restrictions on access to U.S. energy exports (MRWEP)
Minimize Government Bureaucracy
- Create a national regulatory budget to limit the power of unelected regulators (MRWEP)
- Stop President Obama’s carbon mandates (MRWEP)
- Expose the true costs of environmental litigation to taxpayers (MRWEP)
- Simplify and improve the environmental review process (MRWEP)
Maximize Private Innovation
- Reform higher education system to support energy jobs of the future (MRWEP)
- Facilitate private-sector-led development of new technologies (MRWEP)
- Overhaul the tax code and cut taxes for business of all sizes (MRWEP)
Entrepreneurship and Innovation
Rubio's Entrepreneurship and Innovation (section page):
- "We are lowering taxes on small business. You know, a lot of business activity in America is conducted like the guy that does my dry cleaning. He's a small corporation. He pays on his personal rate, and he is paying higher than the big dry-cleaning chain down the street, because he's paying at his personal rate." (RGOP3)
- "Under my plan, no business, big or small, will pay more than 25 percent flat rate on their business income. That is a dramatic tax decrease for hard-working people who run their own businesses." (RGOP3)