If the Republican Party continues to take the view that there must be no tax increases, we're stuck. Capitalism can't work without safety nets or fiscal prudence, and we need both in a sustainable balance.
Sentiment: NEGATIVE
At the end of the day, Republican-driven tax reform is not only going to be good for the economy and for growth. It's going to be good for middle-class Americans.
There are some Republicans who say that any time you raise new revenue, you have to have a tax cut to match it. I am not one of those Republicans.
We don't need new taxes. We need new taxpayers, people that are gainfully employed, making money and paying into the tax system. And then we need a government that has the discipline to take that additional revenue and use it to pay down the debt and never grow it again.
I don't believe we need any more taxes. We need to curtail the size of government. That seems to be a common thread among a majority of Americans out there that understand that we have to limit the size and scope of our government.
We can't continue to tax, borrow, and spend at the rates that we are, and it's just got to be stopped.
I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, the rates flatter. We ought to get rid of a bunch of those loopholes.
If you don't get spending under control, eventually you're going to have a big tax increase.
Tax increases slow economic growth. Why would you raise taxes? We need to reform spending, the tens of trillions of unfunded liabilities can never be funded by tax increases, that can only be fixed by reducing spending.
You don't get an economy growing by raising taxes.
Higher taxes is the road to ruin. We must and we will shrink our government, and that means making some tough choices, tightening our belts.