Economic Policy Essay -- essays research papers fc

Economic Policy     The new stinting policy of the united states should include cutting levyes, reducing governmental waste, and residual the budget by having a smaller more(prenominal)(prenominal) efficient national government. It should include equal opportunity forfinancial security but non through a government sponsored redistribution ofwealth program.      cutting taxes across the climb on including income tax rates, capitalgains and estate taxes among others should provide a growth devise for theeconomy. Allowing batch and businesses to keep more of their hard pull ined moneywould modify 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 exceedingly paid workers which would expandthe tax base and bring home the bacon us to be mor e competitive in the world securities industryplace.      Reducing the taxes would also trip people to work harder and savemore. The way things are now people can not seem to get ahead no take 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 reap the same and in umteen cases more benefits. For example student loansand grants for college board and tuition fees are generally unavailable to lower center of attention class families let alone middle and upper middle class people. Reducingtaxes on businesses would also allow them to invert more on new productdevelopment and search 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 unspoiled an example of what a smaller moreefficient federal government. "Citizens in the united states today pay 38.2percent of there income in taxes any year" (RNC Talking Points). This is wayto much money for Americans to be paying. " tart everyones taxes by 15percent and giving them a 500 dollar mark per child tax credit would cut a typicalfamilies tax bill in half, a... ...Review and Outlook Dole and Taxes." The Wall Street      diary 29 July 1996 A12 Sepp, Peter J. "Are Republicans SeriousAbout Cutting      make out?" New York Times 30 Aug.      1995 A17 "Dole Hopes Tax-Cut Move Will steady His Campaign, but     Which taxes to Cut?"      The Wall Street Journal 15      may 1996 A16 "A Vote for a Sensible Center." Business Week 18 Nov.     1996 194 "The Na tional Debt. Its Eating Us Alive" Internet     http//www.europa.com/blugene/deficit/debt.html "The end 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/ talk of the town/tp-960913.html