ADVERTISEMENT

ADVERTISEMENT

Our View: Compelling case for tax cut

Unbelievably, with the economy tightening, liberals are saying we can't afford a tax cut. Such assertions fly in the face of logic. Economic downturns are precisely when the state and nation need to reduce taxes in order to get the economy moving...

Unbelievably, with the economy tightening, liberals are saying we can't afford a tax cut. Such assertions fly in the face of logic. Economic downturns are precisely when the state and nation need to reduce taxes in order to get the economy moving again. If citizens pay less taxes, they will have more money left over after paying utility bills, which in turn will buy more goods and thus create more jobs.
Lowering interest rates will help wealthy investors and send more money back into the stock market, but lowering taxes will help everybody and create more immediately spendable income.
Those who say we have to pay down the deficit first would be more believable if government had not been on such a spending spree in recent years. Deficits can be eliminated by holding down spending increases.
Every day the case becomes more compelling for cutting both state and federal income taxes.

What To Read Next
The system crashed earlier this month, grounding flights across the U.S.