SWACGirl - George Allen: 'Reagan's way to opportunity'
Lynn Mitchell at SWACGirl has a new opinion piece from George Allen about Barack Obama’s opportunity to have a Reagan moment:
Reagan’s tax cuts spurred higher growth by giving the United States the lowest individual and corporate income tax rates of any industrialized country in the world. Over the past two decades, other countries seeking to compete for jobs and investment have responded by lowering their tax rates; unfortunately, ours have remained frozen in time. Today, the corporate taxes on business are higher than those of any other industrialized country.
Why would Washington want the “worst in the world” tax on business? If we had a tax code that was “better than average,” combined with our natural gas boom and plentiful supplies of oil and coal, there is no reason America would not truly be a land of unlimited opportunity.
It’s great to see Gov. Allen still in the fight!
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