Monday, October 13, 2008

Back to Basics: Tax Cuts & Flat Tax, Too?

The Wall Street Journal is quoting Lindsey Graham:
"It will be a very comprehensive approach to jump-start the economy by allowing capital to be formed easier in America by lowering taxes," Sen. Lindsey Graham (R., S.C.) said on CBS's "Face the Nation." "Now is the time to lower tax rates for investors -- capital-gains tax, dividend tax rates -- to make sure that we can get the economy jump-started."
That's good news. Simplify the message.  Lower taxes = Economic growth created by the people for the people. 

If McCain takes this approach, it will offer a clear contrast from Obama's classic "let's spend our way out of this" government funded approach which relies on funds the U. S. Treasury does not have.  Besides, the kind of infrastructure needed is not more bridges and highways. If the U.S. were to embark on a serious infrastructure project, the emphasis must be on installing a new energy infrastructure.

McCain could further distinguish his message by reviving his call for offering us a voluntary Flat Tax alternative

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