#8. He Will Lower Taxes
The U.S.’s deficit spending spree will eventually come to a grinding halt when economic reality hits and the government has to implement harsh fiscal measures. The sad reality is that the conventional answer to the deficit problem always involves policies laden with all sorts of tax hikes.
For starters, tax hikes impede economic growth. There is no substantial evidence that demonstrates that high tax rates are motors for economic growth. The U.S. already has a burdensome tax code and the highest corporate tax rates in the developed world. Even more, you could be paying additional taxes depending on the State you live in.
The U.S’s fiscal issues are spending problems, not a question of insufficient taxes or levels of taxation. Rand Paul proposes tax cuts for everyone, independent of their economic status. Steady job creation and economic growth are not possible under a byzantine tax code.
A burdensome tax system is the last thing a growing community like the Hispanic community needs. Whether it is higher taxes on the 1% or increased payroll taxes, tax increases hurt all social classes. The economy is interconnected and any distortion caused by government in one sector will spread to others.
Under a Rand Paul administration, Hispanics will be able to sleep peacefully knowing that Uncle Sam will not be eating up the majority of their hard-earned income.
