Congress’s next tax and spending fight will take place in
a special conference of budget leaders from the House and Senate. Both parties
can play their traditional role, with Democrats demanding
tax hikes and defense cuts while Republicans demand tax cuts and
domestic-spending cuts. Alternatively, Republicans could try something
different: Demand cuts in corporate welfare, insist any tax hikes start with
loophole-closing and concentrate tax cuts on the middle class.
If Republicans set free-market populist goals in the
budget conference, they will be on the right side of both policy and politics
-- with the added benefit of forcing President
Obama to reveal himself as a corporatist. Corporate welfare should
be the first spending on the chopping block. Corporate welfare costs taxpayers
nearly $100 billion a year, according to a study by the Cato Institute…..ToRead More……
No comments:
Post a Comment