Tax-Cuts Are Good, But They Should Be Only The Beginning
They should be a bridge to the new economic system that would help to create a new owners of capital
Ronald Reagan was the only US governor who returned the state budget surplus to taxpayers. (Photo: Chronicle)
Tax-cuts are good for economy but they should be a bridge to the new economic system that would help to create a new owners of capital.
Malcolm Turnbull is right: tax-cuts are always good for economy. Government will almost always waste taxpayers money since its goal are designed to be never fully achieved. President Ronald Reagan noticed that this likens earthly cabinets to heavenly ballrooms. “Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we’ll ever see on this earth!” Government will always be in need of greater and greater financial resources.
In fact, this is a philosophical decision rather than fiscal.