A Quote by Lawrence Kudlow
A long time ago, I watched President Reagan repeat a few simple points about the benefits for everyone of lower taxes, light regulations, and limited government. Successful policies are sold by repetition, not unrelated tangents.
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As president, Reagan worked very well with Democrats to do big things. It is true that he worked to reduce the size of government and cut federal taxes and he eliminated many regulations, but he also raised taxes when necessary.
President Obama has lowered taxes more than he has raised them, and they are today lower than they were in President Reagan's time. But you don't hear conservatives crowing about that.
There are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limited government, light regulations, low taxes and maximum labour-market flexibility. Its success has been shown above all in the ability to create new jobs, in which it is consistently more successful than Europe.
Reagan is held up to us as an example of never raising taxes. Correction: Reagan raised taxes six of his eight years as president. Why? He was a pragmatist, not doctrinaire. He saw problems emerging, and when his policies faltered he changed his views. Flexibility, not rigidity.
The left does understand how raising taxes reduces economic activity. How about their desire for increasing cigarette taxes, soda taxes? What are they trying to do? Get you to buy less. They know. They know that higher taxes reduce activity. It's real simple: If you want more of an activity, lower taxes on it. If you want less of an activity, raise taxes. So if you want more jobs? It's very simple. You lower payroll taxes. If you don't want as many jobs, then you raise corporate taxes. It's that simple, folks.
Unfortunately, President Obama's failed policies of new regulations, higher taxes, and Obamacare and his anti-business rhetoric have hit Hispanics especially hard. Big government really hurts those who are trying to make it.
Lower taxes, less government spending on domestic programs and fewer regulations mean a better economy for everybody.
Let me respond with a few points, the first being that all immigrants pay taxes, income taxes, property taxes, sales taxes, gasoline taxes, cigarette taxes, every tax when they make a purchase.
To me, the big thing in being a successful team is repetition of what you're doing, either by word of mouth, blackboard, or specifically by work on the field. You repeat, repeat, repeat as a unit.
The government taxes you when you bring home a paycheck.
It taxes you when you make a phone call.
It taxes you when you turn on a light.
It taxes you when you sell a stock.
It taxes you when you fill your car with gas.
It taxes you when you ride a plane.
It taxes you when you get married.
Then it taxes you when you die.
This is taxual insanity and it must end.
Tariffs protect ill-considered government policies, such as costly regulations and high taxes on labor and capital that make our goods uncompetitive in international markets.
Welfare mostly subsidizes people in poverty, helping few escape from it. In their hearts, most people who are poor would like to be rich, or at least self-sustaining, but this president never talks about how they might achieve that goal. Instead, he criticizes those who made the right choices and now enjoy the fruits of their labor. Rather than use successful people as examples for the poor to follow, the president seeks to punish the rich with higher taxes and more regulations on their businesses.
After 20 years in Congress, I still believe that smaller government and lower taxes are the most effective economic policies.
Reagan said that government is not the solution to our problems, government is the problem. And he was going to dismantle that government. Well, long story short, he failed to do that. He built up the military to a much greater status, more people in it, and actually more employees after the end of the Reagan administration. And, to achieve his objectives, he did some of the very same things that Trump is doing to achieve his. What Ronald Reagan really wanted to dismantle was the welfare state. And he had limited success in doing that.
Since the 1920s, when some U.S. cruise ships decided to fly a Panamanian flag to avoid Prohibition regulations, ships have commonly flown the flag of countries foreign to their owners. The benefits are obvious: lower taxes, laxer labor and safety laws.
You can't ignore the reality that faith and family, those two things are integral parts of having limited government, lower taxes, and free societies.
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