Earlier yesterday I was blogging and tried to make the point that a decrease in revenues as the result of a tax cut isn't necessarily a bad thing.
In tonight's GOP debate centered around the economy, I looked for a candidate to utter similar words. That candidate was Fred Thompson.
Although he seemed to struggle in the beginning, he spoke to exactly what I had written just a few hours beforehand.
He talked about how we shouldn't confuse the "wealth of government" and the wealth of nations. That the government getting less money means there is more in "our pockets".
Wednesday, October 10, 2007
Tuesday, October 9, 2007
Tax-Cuts Are Not Enough
http://www.nytimes.com/2007/10/09/opinion/09chait.html?ref=opinion
"most members of the Republican coalition preferred deficit reduction to tax cuts."
This article diverted attention away from my studies and has brought me back to blogging. This is probably for the best.
This article is attempting to paint the picture that the Republican Party is controlled by the "far-right" who spew myths about tax-cuts. The author presumes there is a disagreement among Republicans over whether we should cut taxes or reduce the deficit.
There shouldn't be a disagreement among Republicans- the answer is both. If asked the question, "Should the federal government cut taxes and cut spending resulting in a balanced budget?", most Republicans I know would scream "YES!"
The real disconnect in the Republican Party, the one that is partly causing Republicans to be so dissatisfied right now, is that few (or none) Republican politicians have made real efforts to decrease federal spending and reduce the size of government.
The Tax-Cut Coalition here in Minnesota has thousands of signatures, yet the state government continues to inflate itself.
So the debate over whether tax-cuts increase revenue is really a pointless debate. The real aim of a tax-cut should be to give Americans more of their money back, curb spending and reduce the size of government.
I doubt any of the GOP Presidential candidates will say this at this afternoon's debate.
But maybe they should.
"most members of the Republican coalition preferred deficit reduction to tax cuts."
This article diverted attention away from my studies and has brought me back to blogging. This is probably for the best.
This article is attempting to paint the picture that the Republican Party is controlled by the "far-right" who spew myths about tax-cuts. The author presumes there is a disagreement among Republicans over whether we should cut taxes or reduce the deficit.
There shouldn't be a disagreement among Republicans- the answer is both. If asked the question, "Should the federal government cut taxes and cut spending resulting in a balanced budget?", most Republicans I know would scream "YES!"
The real disconnect in the Republican Party, the one that is partly causing Republicans to be so dissatisfied right now, is that few (or none) Republican politicians have made real efforts to decrease federal spending and reduce the size of government.
The Tax-Cut Coalition here in Minnesota has thousands of signatures, yet the state government continues to inflate itself.
So the debate over whether tax-cuts increase revenue is really a pointless debate. The real aim of a tax-cut should be to give Americans more of their money back, curb spending and reduce the size of government.
I doubt any of the GOP Presidential candidates will say this at this afternoon's debate.
But maybe they should.
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