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Wednesday, September 29, 2004

Click Here For The Truth About Tax Rates and The Politics of Class Warfare

"These commonsense tax reforms are being criticized, however, by opponents of tax relief who claim that 'only the rich' will benefit. Policymakers should ignore this class-warfare rhetoric. Unlike European welfare states crippled by redistributionist policies, the United States has prospered because success is admired rather than envied. But more needs to be done to redesign America's tax code so that barriers to upward mobility that remain are reduced. In other words, cutting taxes is not a policy for the rich, but a strategy that will help everyone else become rich or at least rise as far and as fast as their talent, ability, and willingness to work will take them."

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