Cut taxes to stimulate
economy and help families
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.
families by doubling the child tax credit to $1,000, making it available to more families, and eliminating the marriage penalty.
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.
capital investment and savings to boost today’s dangerously low personal savings rate.
Source: Republican Platform adopted at GOP National Convention Aug 12, 2000
Republican Party on the Issues