Tax Policy

“We believe that good government is based on a system of limited taxes and spending. Furthermore, we believe that the federal government should be limited and restricted to the functions mandated by the United States Constitution. The taxation system should not be used to redistribute wealth or fund ever-increasing entitlements and social programs.” – Excerpt from RNC Platform 2004

The key difference between liberals and conservatives on taxes go back to a basic difference on the problems the country faces. Liberals believe the basic problems a lot of Americans are facing right now can be solved if the Government has MORE money. They believe increasing the amount the “rich” pay, can help redistribute money to the less well-off through various government programs and initiatives. I, on the other hand, believe that the basic problems faced by most Americans these days, from healthcare, to energy, to education costs are because the average American needs MORE money and opportunity, not the government.

What is most disconcerting when thinking about what a liberal White House means to the taxes of the American people is this basic point. They can promise to only tax the rich, but once they accept the principle that economic hardship can be solved through increasing taxes, there is no telling where they will really stop. In the face of an economic slow-down, it seems the best way to create new jobs and generate more wealth for more Americans is to allow for reinvestment in the economy by starting new businesses, making capital improvements in them, and increasing banks’ monetary supplies through savings.

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