These three concepts should not be in the same title! But what do you expect from Richmond’s “alternative” news publication! It is definitely an “alternative” view that states “higher taxes had a positive effect on the economy, on private investment, on productivity and job creation!”
We dissected this on our radio program today (check archives later) but I will grant for the case of this article that the premise is correct, tax increase can be positive. But I would never make the argument for lower taxes on growth or that they have any other economic impact. Obviously, lower taxes impact the economy in many great and positive ways. But the main argument for lower taxes is MORAL!
The idea for lower taxes is surrounded by a complete philosophy that says we have a right to keep our money. It is ours, we worked for it. It is this idea that government can do it better that is dangerous! It is morally right to “allow” the worker to keep more of is money no matter what the government can claim it can do with it. The argument for tax cuts and lower taxes is based on the moral obligation of government to protect the rights given to us by our Creator, that of liberty and freedom. It is the epitome of freedom and liberty to allow the worker to keep their own money, period!
This article proposes the ideas that are morally repugnant and a threat to freedom and liberty. With Mark Warner’s comments, “The thing that constantly amazes me about the opposition is: If you look at the lowest tax states in the country, they are not the states with the fastest-growing economy, they are not the states with the best schools. They are not the states that have the most jobs or the lowest unemployment rate”, it should be blatantly obvious which side we find Mark Warner!
This is a moral issue, not economical!