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A Brief Review of the Success of Tax Cuts – The Insider

posted on November 6, 2007

IT IS FAIR TO SAY THAT as a nation we do not like taxes, but we accept them as a necessary burden to run our country based on the rule of law. The social contract requires some form of taxation, but as King George III learned, it is unwise to be irresponsible when it comes to tax policy.

The citizen response to taxation is often complex and confusing. Citizens do not like high taxes, yet they expect much from all levels of government and complain when deficits grow. How does government keep taxes low, keep revenues coming in, and yet keep the economy growing? The solution is to cut taxes and government spending, in addition to reviving the fiscal aspects of the Constitution.

Read more: http://www.insideronline.org/2007/01/a-brief-review-of-the-success-of-tax-cuts/