Budget surpluses are the result of over-taxation of the American people. The weak link in the chain of prosperity is the tax system. It not only burdens the American people; it threatens to slow, and perhaps to reverse, the economic expansion:
We therefore enthusiastically endorse the principles of Governor Bush’s Tax Cut:
Replace the five current tax brackets with four lower ones, ensuring all taxpayers significant tax relief while targeting it especially toward low-income workers.
Help families by doubling the child tax credit to $1,000, making it available to more families, and eliminating the marriage penalty.
Encourage entrepreneurship and growth by capping the top marginal rate, ending the death tax,
and making permanent the Research and Development credit.
Promote charitable giving and education.
Foster capital investment and savings to boost today’s dangerously low personal savings rate.
Source: Republican Platform adopted at GOP National Convention
Aug 12, 2000
Tax cuts & low interest rates lead to home ownership
Low interest rates open up more housing opportunities than any government program. Affordable housing is in the national interest. That is why tax reform should continue to encourage homeownership. We will turn over to communities abandoned
HUD properties for urban homesteading, a citizen effort that has been successful in revitalizing neighborhoods. We affirm our commitment to open housing, without quotas, and we applaud the efforts by the housing industries to assure access for everyone.
Source: Republican Platform adopted at GOP National Convention
Aug 12, 2000
Repeal death tax & give tax break to care for elderly
We call for full repeal of the death tax. We support Governor Bush’s call for a 100 percent above-the-line tax deduction for premiums for long-term care insurance, recognizing and rewarding individual responsibility, and we
welcome his proposal to allow an additional exemption for each elderly spouse, parent, or relative a family tends to in their own residence.
Source: Republican Platform adopted at GOP National Convention
Aug 12, 2000
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