Tuesday, May 25, 2010

Issues: The Economy

I support a responsible and immediate economic stimulus plan for every American family and business. This should come in the form of tax relief and tax cuts, the easiest and most effective way to stimulate the economy.

We can start with a permanent 5% decrease in every income tax bracket, as well as a permanent reduction of the corporate income tax from 35%— the second highest rate in the world—to 25%. Economic growth needs to come from the ground up, starting with working families and businesses. History has shown that the best way to encourage that growth is to leave more money in the pockets of the American people.

The federal government cannot borrow and spend the American economy out of a recession, and any attempt to do so will simply saddle future generations with a mountain of debt. Tax cuts provide proven results and are supported by both liberals and conservatives in Congress.