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Richard Hudson is typical Washington insider who puts party politics over the real world concerns of every day Americans. He supports the Ryan Plan, as well as a balanced budget amendment, both of which would require deep cuts in important programs like Medicare and Social Security. Hudson also supports regressive tax plans that would increase the burden on the hardest working Americans.
Washington Insider
Hudson a Former Congressional Chief of Staff and Legislative Aide. According to Honolulu Star-Advertiser, Hudson, a former congressional chief of staff and one-time aide to former Rep. Robin Hayes, now the states Republican Party chairman, received the most votes among a fivecandidate field in the 8th District Republican primary. [Honolulu Star-Advertiser, 5/12/12] Hudson Managed Gubernatorial Campaign of Pat McCrory, Served as Chief of Staff for Texas Congressman. According to Laurinburg Exchange, He has worked for Congressman Robin Hayes and also managed the gubernatorial campaign of Pat McCrory in 2008. Beginning in 2009, Hudson served for two years as chief of staff for Texas Congressman Mike Conaway. [Laurinburg Exchange, 1/25/12] Hudson Served as Chief of Staff for Rep. Virginia Foxx. According to Creative Loafing, The establishment candidate is expected to be Richard Hudson, former chief-of-staff to Rep. Virginia Foxx and campaign manager of McCrorys 2008 gubernatorial run. Hudson recently relocated to Concord from Washington, D.C., but years ago served as district director when Republican Robin Hayes represented the district. [Creative Loafing, 12/28/11] Hudson Served as District Director for Rep. Robin Hayes. According to Herald-Sun, Hudson was Hayes district director in Concord for six years and chief of staff for Rep. Virginia Foxx. He was Pat McCrorys campaign manager for governor in 2008 and most recently worked for a Texas congressman. Hudson has now returned to Concord. [Herald-Sun, 10/14/11]
Hudson Moved From Washington to NC for Campaign. According to Charlotte Observer, Two candidates - Richard Hudson and Vernon Robinson - recently moved to Concord. Hudson, a longtime aide to former 8th District U.S. Rep. Robin Hayes, was living in Washington, where his wife still lives and works. [Charlotte Observer, 11/26/11]
Hudson Held Capitol Hill Fundraiser with GOP Members of Congress, Lobbyists and Legislative Aides. According to Charlotte Observer, Robinsons campaign and others have called attention to a Capitol Hill fundraiser this month for Hudson hosted by some GOP members of Congress, lobbyists and legislative aides, including Hudsons wife, Renee, who is chief of staff for an Arizona Republican. [Charlotte Observer, 11/26/11] Hudsons Wife is Chief of Staff for Arizona Republican. According to Charlotte Observer, Robinsons campaign and others have called attention to a Capitol Hill fundraiser this month for Hudson hosted by some GOP members of Congress, lobbyists and legislative aides, including Hudsons wife, Renee, who is chief of staff for an Arizona Republican. [Charlotte Observer, 11/26/11] Hudson Supported by Republican Leaders Cantor and Ryan. According to Politico, Hudson emerged as the favorite of party leaders in the 8th District, winning financial support from House Majority Leader Eric Cantor (R-Va.) and House Budget Committee Chairman Paul Ryan (R-Wis.). [Politico, 7/18/12]
Center on Budget and Policy Priorities: Two-Thirds of the Ryan Plans Cuts Come from Programs Helping the Poor and Middle Class. In April 2011, Robert Greenstein, President of the Center on Budget and Policy Priorities said that nearly two-thirds about $2.9 trillion of the Ryan Plans $4.5 trillion in budget cuts over ten years comes from programs aiding the poor or disadvantaged. The $2.17 trillion of these cuts come from Medicaid and repeal of the expansion of Medicaid under the 2011 health care reform law. The remainder of the $2.9 trillion would come from non-health related services to the poor, such as Pell Grants, food stamps, and low-income housing programs. [Center on Budget and Policy Priorities Press Release, 4/20/11, 4/20/11] New York Times Editorial: Ryan Plan Would End Medicares Guaranteed Benefit. The House Republican budget would mean that older Americans no longer have a guarantee that Medicare will pay for their health needs. [] He would still offer the elderly a fixed amount of money to shop for their own health insurance, but allow the option of enrolling in traditional Medicare. [New York Times Editorial, 3/20/12]
Guaranty Corporation respond quickly to bank or pension fund failures by using their assets to pay deposit or pension insurance, unless they could do so without causing the budget to slip out of balance. [Center on Budget and Policy Priorities, 7/27/11]
$15,000 per year would see their share of the federal tax burden drop from -0.7 percent to 6.3 percent. Of course, if the poorest Americans are paying less under the FairTax plan, then someone else pays more. As it turns out, according to the Treasury Department, someone else is everybody earning between $15,000 and $200,000 per year. The chart below compares the share of the federal tax burden for different income groups under the current system and under the FairTax. Those in the highest and the lowest brackets will see their share decrease, while everyone else will see their share of taxes increase. [Annenberg Public Policy Center, FactCheck.org, 5/31/07] Annenberg Public Policy Center Found the 23 Percent Figure Often Cited by Fair Tax Proponents Misleading, Actually Closer to 30 Percent. In May 2007, the Anneberg Public Policy Centers FactCheck.org service analyzed Fair Tax proposals. They found that the 23 percent figure often cited by proponents was misleading, writing First consider the way in which sales tax is normally figured. A consumer good that carries a $100 price tag might be subject to a 5 percent sales tax. That means that the final bill for the item is $105. The 5 percent figure is the amount of tax that is charged on the original purchase price. But now suppose that instead of pricing the item at $100, the shop owner simply priced the item at $105, then sent $5 directly to the state. The $105 price would be a tax-inclusive sales price. But $5 is just 4.8 percent of $105. That 4.8 percent number, however, is relatively meaningless. You are still paying exactly the same 5 percent tax on the item. The 23 percent number in H.R. 25 is the equivalent of the 4.8 percent in the previous example. To calculate the real rate of the sales tax, we have to determine the original purchase price of an item. [Annenberg Public Policy Center, FactCheck.org, 5/31/07] Institute on Taxation and Economic Policy: Sales Tax Would Have to be Closer to 50 Percent to Meet Current Tax Revenue. In September 2004, the Institute on Taxation and Economic Policy wrote on a Fair Tax proposal that advertised a 23 percent national sales tax: Allegedly, almost a third of the projected sales-tax revenues are supposed to come from taxes that the government will pay to itself. Build a road, pay yourself a tax. Buy some planes for the Air Force, pay yourself some more. And so on. Unfortunately, that cant work. Without these phantom governmental tax payments, the sales tax rate would have to jump to 42 percent to break even. In addition, a quarter of the remaining sales taxes are supposed to be paid on things like church services, free care at veterans hospitals and a variety of hard-totax financial services like free checking accounts. If we disregard the supposed taxes on these items, the sales tax rate would have to climb to 50 percent or more to break even. [] For 2005 (a relatively low-tax year), we calculate that the required break-even sales tax rate would be between 45 percent and 53 percent, depending on how certain tax-base issues are resolved. [Institute on Taxation and Economic Policy, September 2004; U.S. Library of Congress, 108thCongress, H.R. 25, accessed 6/1/12]