Death and Taxes
Monday, April 17th, 2006“Tax Day is our annual reminder that despite the strong pro-growth tax cuts of 2003, the tax code is still pure lunacy. Tax rates are too high and if Congress doesn’t act soon they’ll go even higher.”
“Republicans could begin to recapture their claim to being the party of limited government, and the support of voters who gave them a majority based on it, by building on the success of that phenomenal pro-growth tax relief. They can vote to kill off the Death Tax once and for all in early May. They can also fulfill President Bush’s request to send him an extension of the capital gains and dividend tax relief that has fueled our strong economic recovery. Both of these actions would revitalize economic conservatives and support continued economic growth — two keys to electoral success in November.
“But a final bit of irony will come if Republicans in Congress are unwilling to recommit themselves to the principles of limited government and lower taxes. The GOP will lose their majority in the same way the Democrats they replaced lost theirs — by demoralizing their base voters.”
Amen. For a better system check out the Fair Tax.