The Economy and Taxes
Lower Tax Rates Increase Tax Revenues
"Even the lowest and fairest tax distorts human behavior. Taxes cause lower work effort and less consumption. That said, anytime you move away from the lowest and fairest tax, you distort human behavior even more. Bottom line, there is nothing that messes up a state or a country more than taxes."
--Dr. Barry Asmus, PhD, Sr. Economist, National Center for Policy Analysis
History proves that nations with the lowest government intervention and taxes enjoy the longest and strongest periods of prosperity. We're also able to conclude--looking at great societies ranging from ancient times until now--that capitalism is fundamental to the attainment and maintenance of freedom. Impeding capitalism with oppressive regulations, excessive taxes, and disincentives (like moral hazards, overbearing government involvement in markets, etc.) kills the entrepreneurial spirit and leads to destructive attitudes in free societies. When enough cracks appear in this foundation, unnatural tendencies like socialism and oligarchies find a foothold. Preserving individual freedom, economically speaking, means preserving fair and free market capitalism.
I believe that every American benefits from lower taxes and a government that supports our economy by providing a strong infrastructure and enabling an educated, capable workforce. I support a simplified tax policy that allows each American to have a stake in the success of this nation.