Malcolm Stevenson "Steve" Forbes Jr. (born July 18, 1947), is the son of Malcolm Forbes and the editor-in-chief of business magazine Forbes as well as president and chief executive officer of its publisher, Forbes Inc. He was a Republican candidate in the U.S. Presidential primaries in 1996^[1] and 2000 and is currently National Co-Chair and a Senior Policy Advisor to Rudolph Giuliani's 2008 campaign. Stephen Felipe Forbes, (born February 26, 1977 in Las Vegas, Nevada), is a professional boxer. ... Image File history File links Metadata No higher resolution available. ... is the 199th day of the year (200th in leap years) in the Gregorian calendar. ... Year 1947 (MCMXLVII) was a common year starting on Wednesday (link will display full 1947 calendar) of the Gregorian calendar. ... is the 199th day of the year (200th in leap years) in the Gregorian calendar. ... Year 1947 (MCMXLVII) was a common year starting on Wednesday (link will display full 1947 calendar) of the Gregorian calendar. ... Malcolm Stevenson Forbes (August 19, 1919 – February 24, 1990) was publisher of Forbes magazine, founded by his father B.C. Forbes and today run by his son Steve Forbes. ... This article or section does not adequately cite its references or sources. ... The Republican Party, often called the GOP (for Grand Old Party, although one early citation described it as the Gallant Old Party) [1], is one of the two major political parties in the United States. ... This article discusses the primary elections to nominate candidates for the 2000 U.S. presidential election. ... Rudolph William Louis Rudy Giuliani III, KBE (born May 28, 1944) served as the Mayor of New York City from January 1, 1994 through December 31, 2001. ...

Biography

Personal life and education

Forbes was born in Morristown, New Jersey to Malcolm Forbes and Roberta Remsen (née Laidlaw).^[2] He is married to Sabina Beekman, and they have five daughters. Daughter Moira was named Publisher of ForbesLife Executive Women in 2007. Just as his children would do, Forbes attended Far Hills Country Day School. He was Princeton class of 1970. Nickname: Military Capital of the Revolution Location of Morristown in Morris County (L); Location of Morris County in New Jersey (R) Coordinates: Country United States State New Jersey County Morris Founded 1715 Incorporated 1865 Mayor Donald Cresitello (D; term ends December 31, 2009. ... Malcolm Stevenson Forbes (August 19, 1919 – February 24, 1990) was publisher of Forbes magazine, founded by his father B.C. Forbes and today run by his son Steve Forbes. ... This article does not cite any references or sources. ... Far Hills Country Day School is a private, nonsectarian coeducational day school located in Far Hills, New Jersey, United States, serving students in nursery through eighth grade on a 55-acre rural-suburban campus set on rolling hills and bordered by woods with nature trails. ... Princeton University is a private coeducational research university located in Princeton, New Jersey. ...

In 1996, years after the death of his father, he changed the name credited to him on the Forbes magazine masthead from Malcolm S. Forbes Jr. to the name he had been known as throughout childhood, Steve Forbes. Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ...

Political career and views

In 1993, Steve Forbes was an adviser to the campaign of his childhood friend, Christine Todd Whitman, the Republican candidate for governor of New Jersey.^[3] He helped craft Whitman's plan for a 30 percent cut in New Jersey's income tax over three years, and this plan proved to be a major factor in her defeat of incumbent Governor James Florio.^[4][5] After her election, Whitman proposed these tax cuts and they were enacted into law. Forbes made an issue of his role in these New Jersey tax cuts in his subsequent campaigns for the presidency. Christine Todd Christie Whitman (born September 26, 1946) is an American Republican politician and author, who served as the 50th Governor of New Jersey and was the Administrator of the Environmental Protection Agency in the administration of President George W. Bush. ... James Joseph Jim Florio (born August 29, 1937) is a Democratic politician who served as the 49th Governor of New Jersey from 1990 to 1994, the first Italian American to hold the position. ...

In 1996, he backed Ron Paul for Congress.^[6] Ronald Ernest Paul (born August 20, 1935) is a 10th-term United States congressman from Lake Jackson, Texas, a member of the Republican Party, a pro-life physician, and a candidate for the Republican nomination in the 2008 presidential election. ...

Forbes entered the Republican primaries for President of the United States in 1996 and 2000, primarily running on a campaign to establish a flat income tax. He also supported the ideas of re-introducing 4 1/2% mortgages and term limits in 1996, but dropped both in 2000 (as they were minor planks in his overall platform). The Republican Party, often called the GOP (for Grand Old Party, although one early citation described it as the Gallant Old Party) [1], is one of the two major political parties in the United States. ... Federal courts Supreme Court Circuit Courts of Appeal District Courts Elections Presidential elections Midterm elections Political Parties Democratic Republican Third parties State & Local government Governors Legislatures (List) State Courts Local Government Other countries Atlas  US Government Portal      For other uses, see President of the United States (disambiguation). ... Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ... A flat tax, also called a proportional tax, is a system that taxes all entities in a class (typically either citizens or corporations) at the same rate (as a proportion on income), as opposed to a graduated, or progressive, scheme. ... This article is about the legal mechanism used to secure property in favor of a creditor. ... A term limit is a provision of a constitution, statute, or bylaw which limits the number of terms a person may serve in a particular elected office. ...

Forbes' 1996 presidential campaign was based in Bedminster, NJ. His staff included several former Jack Kemp staffers and supporters who had been lined up to work for Kemp's own aborted 1996 presidential campaign. These included campaign manager Bill Dal Col, finance director Linda Pell, general counsel Paul Sullivan and deputy general counsel Jim Riley. Map of Bedminster Township in Somerset County Bedminster Township is a Township in Somerset County, New Jersey, United States. ...

When Forbes ran for president in 1996 and 2000, he sold some of his Forbes Inc. voting shares to other family members to help finance his run. He did not come close to securing the Republican nomination, despite winning the Arizona and Delaware Primaries in 1996 and getting some significant shares of the vote in other primaries. In polls, voters were attracted to his passion to simplify the tax code, but found his idiosyncratic personal manner unbecoming a president. After dropping out early in the 2000 primary season, he returned to heading the magazine and company. The Republican Party is one of two major contemporary political parties in the United States of America, along with the Democratic Party. ...

Major issues Forbes supports include free trade, health savings accounts, and allowing people to opt out 75% of Social Security payroll taxes into Personal Retirement Accounts (PRAs). He supports traditional Republican Party policies such as downsizing government agencies to balance the budget, opposition to pollution control, opposition to gun control and drug legalization, tough crime laws and support for the death penalty, and school vouchers. In terms of foreign policy, he called for a "US not UN foreign policy" (which is composed of anti-IMF sentiments, pro-Israeli sentiment, opposition to MFN with the People's Republic of China, and anti-UN sentiment.) Free trade is an economic concept referring to the selling of products between countries without tariffs or other trade barriers. ... A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). ... Social Security, in the United States, currently refers to the Federal Old-Age, Survivors, and Disability Insurance (OASDI) program. ... This article is the current Taxation Collaboration of the Month. ... The Republican Party is one of two major contemporary political parties in the United States of America, along with the Democratic Party. ... It has been suggested that this article or section be merged into Gun politics. ... Capital punishment, or the death penalty, is the execution of a convicted criminal by the state as punishment for crimes known as capital crimes or capital offences. ... A school voucher, also called an education voucher, is a certificate by which parents are given the ability to pay for the education of their children at a school of their choice, rather than the public school (UK state school) to which they were assigned. ... A countrys foreign policy is a set of political goals that seeks to outline how that particular country will interact with other countries of the world and, to a lesser extent, non-state actors. ... This article is about the United Nations, for other uses of UN see UN (disambiguation) Official languages English, French, Spanish, Russian, Chinese, Arabic Secretary-General Kofi Annan (since 1997) Established October 24, 1945 Member states 191 Headquarters New York City, NY, USA Official site http://www. ... The flag of the International Monetary Fund (IMF) The International Monetary Fund (IMF) is the international organization entrusted with overseeing the global financial system by monitoring foreign exchange rates and balance of payments, as well as offering technical and financial assistance when asked. ... MFN is an abbreviation for Most favored nation multi-frequency network This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...

His flat tax plan has changed slightly. In 1996 he supported a flat tax of 17% on all personal and corporate earned income (unearned income such as capital gains, pensions, inheritance, and savings would be exempt.) However, he supported keeping the first $33,000 of income exempt. In 2000 he maintained the same plan, but instead of each person receiving an exemption of $33,000, it more closely resembled the Armey Plan (Forbes's version called for a $13,000 per adult and $5,000 per dependent deduction). Technically, however, this is not a flat tax, according to economic writer and lecturer Douglas Dunn, who in his paper "flat tax fiasco" points out a true flat tax has no zero bracket. Observers noted that Forbes stood to save substantial amounts in taxes if such a proposal was enacted.^{[citation needed]} Forbes himself is quite wealthy, with a net worth upwards of $430 million.^[1] In response to this criticism, Forbes promised in his 2000 campaign to exempt himself from the benefits of the flat tax. In finance, a capital gain is profit that is realized from the sale of an asset that was previously purchased at a lower price. ... This article does not cite any references or sources. ... This article or section does not adequately cite its references or sources. ... In common usage, saving generally means putting money aside, for example, by putting money in the bank or investing in a pension plan. ... Net worth (sometimes net assets) is the total assets minus total liabilities of an individual or company. ...

In his 2000 campaign, Forbes professed his support for social conservatism along with his supply-side economics. Despite holding opposite positions in 1996, for the 2000 campaign, Forbes announced he was adamantly opposed to abortion and supported prayer in public schools. The previous year Forbes had issued a statement saying he would no longer donate money to Princeton University due to its hiring of philosopher Peter Singer, who favors euthanasia, abortion, and even infanticide in certain circumstances.^[7] Ths article deals with conservatism as a political philosophy. ... Supply-side economics is a school of macroeconomic thought that argues that economic growth can be most effectively managed using incentives for people to produce (supply) goods and services, such as adjusting income tax and capital gains tax rates. ... School prayer in its most common usage refers to state sanctioned prayer by students in state schools. ... The term public school has two contrary meanings: In England, one of a small number of prestigious historic schools open to the public which normally charge fees and are financed by bodies other than the state, commonly as private charitable trusts; here the word public is used much as in... Princeton University is a private coeducational research university located in Princeton, New Jersey. ... For other persons named Peter Singer, see Peter Singer (disambiguation). ... In sociology and biology, infanticide is the practice of intentionally causing the death of an infant of a given species, by members of the same species - often by the mother. ...

Steve Forbes was one of the signers of the Statement of Principles of Project for the New American Century (PNAC) on June 3, 1997. Project for the New American Centurys Logo The Project for the New American Century (PNAC) is an American neoconservative think tank based in Washington, D.C., co-founded as a non-profit educational organization by William Kristol and Robert Kagan in early 1997. ... is the 154th day of the year (155th in leap years) in the Gregorian calendar. ... For the band, see 1997 (band). ...

In December 2006, he joined the board of directors of the grassroots advocacy organization FreedomWorks. On March 28, 2007, Forbes joined Rudolph Giuliani's campaign for the 2008 presidential election, serving as a National Co-Chair and Senior Policy Advisor.^[8] FreedomWorks is a non-partisan conservative non-profit organization based in Washington D.C. with over 850,000 grassroots activists. ... Rudolph William Louis Rudy Giuliani III, KBE (born May 28, 1944) served as the Mayor of New York City from January 1, 1994 through December 31, 2001. ...

He is a frequent panelist on the television program Forbes on Fox, which also features members of the Forbes magazine staff, and is shown Saturday mornings on Fox News Channel at 11:00 AM EST. Forbes on Fox is an American business analysis program, the third show of the Cost of Freedom business block, on Saturdays at 11:00 a. ... “Fox News” redirects here. ... Metronome, a public art installation showing the time in New York City The Eastern Time Zone (ET) of the Western Hemisphere falls mostly along the east coast of Northern America and the west coast of South America. ...

Political donations

For donations from 1999 to 2006, Forbes was the fourth most important contributor of political funds in America, with 15 donations totalling over $7 Million ^[9]

References

External links

• Steve Forbes at Forbes
• http://www.4president.org/brochures/steveforbes1996brochure.htm
• http://www.4president.tv/
• http://www.wordwiz72.com/flattax.html
• Forbes throws weight behind Giuliani
• Steve Forbes Joins Team Rudy as National Co-Chair and Senior Policy Advisor
• RightWeb profile of Steve Forbes
• SourceWatch profile of Steve Forbes
• Profile: Steve Forbes, Center for Cooperative Research.
• "Capitalist Tool II: Defending Dynamism", interview with Reason by Virginia Postrel and Charles Oliver
• "Confront Iran to bring oil prices down" April 2006 from $70+ to $15 per barrel