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NEBRASKA
TAXPAYERS FOR FREEDOM ----------------------------------------------------------------------------------------------------------------------------------------------------------------- PRESIDENT
WATCH EXPLANATION
& OBJECTIVES: This project commits to fighting the unwarranted
regulation, spending, and tax hike plans of American presidents, which will
hurt our economy, taxpayers, and families.
President Bush maintains that he will use his office to restore fiscal
responsibility to the federal government. However,
his record as governor of Texas was mixed.
He often spoke as a fiscal conservative but acted otherwise. His
appointees sometimes were both fiscal and social liberals. History demonstrates that tax increases never help an economy
but hurt it. Higher taxes cripple
economic incentives and stifle job creation.
Overspending similarly dries up productive private capital venture.
Overregulation hinders economic expansion.
President Watch offers an 8-point plan for President Bush to follow: 1)
reform our tax code to reward people who create jobs and opportunities.
Fully index all taxes on savings and investment to stop taxing inflation
and reduce the capital gains tax; 2) reduce the payroll tax rate, the greatest
burden on middle-class America, to return more money to our pockets; 3) increase
the personal exemption for families with children to relieve the tax burden on
overtaxed families; 4) establish enterprise zones in depressed urban and rural
communities to spur investment, job creation, and economic growth; 5) pur- sue
fiscally conservative approaches to cultural and social issues like poverty,
education, and health care, that empower families rather than government
bureaucracies; 6) eradicate the inheritance tax and marriage penalty; 7)launch
market-opening trade agreements to increase U.S. exports and thus offer secure
jobs and a secure farm economy; and 8) champion the advance of economic freedom
and republican capitalism around the world. GENERAL
DIRECTIONS: Lobby the President. |