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Trump's Corporate Tax Cuts

In a recent podcast Dana Loesch radio opened with the question "what is a Conservative?" The question was responded to by people, largely struggling to article the essential core of Conservatism.

A Conservative, as I see it, is someone who believes in each individuals inalienable right to life, liberty and the pursuit of happiness. In terms of policy that translates to upholding variety and freedom of choice, the provision of fair incentive and reward for skill and hard work, the maintenance of effective barriers against excessive powers of the state and a belief in the wide spread distribution of individual private property.

Think about that "excessive powers of the state". Soon to circulate in congress is a budget plan to reduce the higher end bracket of corporate taxes from 35 per cent to 20 per cent. That won't just boost the American economy, its productivity, investment and growth but raise commerce and trade to the benefit of every American citizen.

When the state claims more than a third of what a business earns its inevitable that cost will be passed onto employees, suppliers and most of all, customers. When shareholders don't see enough of a return on their stock, they invest elsewhere. That's the essential problem most democrats and socialists miss; there's no such thing as a "tax businesses pay", businesses no more pay a levy, than cars pay a tax disc or TV sets pay for their licence. These prices fall on people, not corporations and its either through exorbitant pricing, dampened wages or staff being laid off to maintain the same after-tax income.

Moreover, when tax rates are relaxed investment increases and, small and medium sized businesses have more of an opportunity to start up. Both of these in effect raise employment and productivity, which makes tariffs on Chinese steal (which is always a bad idea) rather unnecessary. What's even more remarkable is that tax revenues themselves, the amount collected through tax increases. As data from HMRC (UK) has shown.
There's no sense in raising a tax if the affect is to lose money. As the center of almost a quarter of the world's economic activity, what's good for America is good for the rest of the world. This is within all of our interest, because strong, prosperous neighbors make good customers. 


  1. To clarify; I'm not supporting the budget, just the tax cuts.


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