Economic Policy Essay -- essays research papers fc

Economic Policy     The new economic policy of the fall in states should include vinegarishtaxes, reducing governmental waste, and balance the budget by having a smallerto a greater extent efficient federal government. It should include equal opportunity forfinancial shelter but not through a government sponsored redistribution ofwealth program.     Cutting taxes across the board including income tax rates, capitalgains and estate taxes among others should provide a addition spurt for theeconomy. Allowing people and businesses to keep more(prenominal) of their hard earned moneywould enable them to spend more money. People would be able to buy more cars,refrigerators, homes etc. The businesses would be able to build new factorieswith better more efficient high tech equipment. These new factories andexpanded businesses would employee more highly paid actioners which would expandthe tax base and allow us to be more competitive in the world merchandiseplace.      Reducing the taxes would also motivate people to work harder and savemore. The way things are now people can not seem to get ahead no matter howhard they work. The harder they work the more the government takes while otherswho choose not to work hard or have not developed the skills to earn a decentwage describe the same and in many cases more benefits. For example student loansand grants for college board and tuition fees are largely unavailable to lowermiddle class families permit alone middle and upper middle class people. Reducingtaxes on businesses would also allow them to invert more on new product increase and research which in many instances the federal government nowsubsidizes which requires management. This government management bureaucracycost tax payers money and is unnecessary because free market demands and theextra money they would save from tax cuts would motivate businesses to fundthese programs themselves. This is just an example of what a smaller moreefficient federal government. "Citizens in the united states today pay 38.2percent of there income in taxes every year" (RNC talk Points). This is wayto much money for Americans to be paying. "Cutting everyones taxes by 15percent and giving them a 500 dollar per child tax credit would cut a typicalfamilies tax bill in half, a... ...Review and scout pogey and Taxes." The Wall Street     Journal 29 July 1996 A12 Sepp, Peter J. "Are Republicans SeriousAbout Cutting     Fat?" New York Times 30 Aug.      1995 A17 "Dole Hopes Tax-Cut Move WillEnergize His Campaign, but     Which taxes to Cut?"      The Wall Street Journal 15     may 1996 A16 "A Vote for a Sensible Center." task Week 18 Nov.     1996 194 "The National Debt. Its Eating Us Alive" Internet  &nbs p  http//www.europa.com/blugene/deficit/debt.html "The Balance Sheet --August 11, 1995." Internet     http//www.rnc.ogr/news/balance/bal-950815.html "RNC Talking PointsCutting Taxes and Balancing the Budget     Bill Clintons Dirty Little      Secret A $64 Billion Tax     Increase" Internet     http//www.rnc.org/news/ lecture/tp-960913.html