Posted in Economic Issues, Free Society, Government Regulations, Government Spending, Income Inequality, Interest rate manipulation, Job loss, Policy Issues, Poverty, Rule of Law, Tax Policy, Uncategorized, Unemployment, Wealth

Lower Tax Rates > Targeted Tax Credits | International Liberty

The tax-credit reformers also argue that their proposals are much less susceptible to class-warfare demagoguery that is the supply-side approach, since tax relief flows to lower- and middle-income voters. …But here’s the downside: Conservatives can bend over backward to appease the class-warfare crowd, but they can never outflank them. …Once conservatives have accepted the left’s premise that tax policy should be based on static distribution tables, they won’t have a ready answer for the left’s gambit.But as far as I’m concerned, the real issue is how to raise take-home pay.The reformicons want to make families more secure by reducing how much the IRS takes from their paychecks.I certainly like the idea of boosting post-tax income, but I contend that it would be even better to focus on policies that increase pre-tax income.

via Lower Tax Rates > Targeted Tax Credits | International Liberty.

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A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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