
Federal Spending & The Budget | |
Linking Tax Rates With Government Spending |
With polls showing that voters want smaller government as well as tax relief, some Republican political strategists are advising presidential candidate Bob dole to link tax cuts to reduced federal spending. They argue that the cuts themselves will force government downsizing.
So tax cuts successfully pressured government to curb spending. By contrast, two major tax increases under Presidents Bush (1990) and Clinton (1993) financed significantly higher domestic spending.
The President's 1997 budget contains 193 new programs that are estimated to cost $180 billion more by 2002 -- necessitating tax increases. A recent Money magazine interview revealed Mr. Clinton's preference for expanded government: income redistribution, opposition to Social Security privatization and opposition to tax reform. |
Home | Support Us | All Issues | Social Security | Debate Central | Contact Us
Dallas Headquarters: 12770 Coit Rd., Suite 800 - Dallas, TX 75251-1339 - 972/386-6272 - Fax 972/386-0924
Washington Office: 601 Pennsylvania Ave. NW, Suite 900 South Building - Washington, DC 20004 - 202/220-3082 - Fax 202/220-3096
© 2001 NCPA