By: Renee Nal | New Zeal
“If, from the more wretched parts of the old world, we look at those which are in an advanced stage of improvement, we still find the greedy hand of government thrusting itself into every corner and crevice of industry, and grasping the spoil of the multitude. Invention is continually exercised, to furnish new pretenses for revenues and taxation. It watches prosperity as its prey and permits none to escape without tribute.” Thomas Paine: Rights of Man, 1791
“It might be demonstrated that the most productive system of finance will always be the least burdensome.” –Alexander Hamilton, The Federalist, on the new constitution, written in 1788
Ted Cruz released a video explaining his flat tax plan, which would effectively abolish the Internal Revenue Service (IRS). The 70,000 page tax code, the payroll tax, the death tax…gone, gone, gone! Contrast this to Donald Trump, who has pledged not to cut government services and who has repeatedly sworn to punish companies with burdensome taxes if they want to leave the country.
The goal should be to encourage businesses to thrive by removing burdensome taxes and stifling regulations.