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Is the Republican Party’s Refusal to Raise Taxes Fiscally Irresponsible?

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Manage episode 398831395 series 2300998
Contenu fourni par Open to Debate. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Open to Debate ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

Whoever wins the 2024 election will soon face a critical decision about extending four trillion dollars in tax cuts expiring next year. Whether taxes will be raised, or cut is in question, against the backdrop of 34.1 trillion dollars in federal debt. For the past few decades, the Republican Party has embraced the belief that lower tax rates and less government spending boost the U.S. economy. However, there is disagreement among conservative thought leaders about the way forward on taxes for the Republican Party. Specifically, some argue that preferences for tax cuts ignore the looming deficit and that refusing to raise taxes further imbalances the federal budget. However, others continue to argue that our debt is caused by government overspending and will actually be helped by tax cuts and that these same cuts also help promote a flourishing economy.

With this background, we debate the question: Is the Republican Party’s Refusal to Raise Taxes Fiscally Irresponsible?

Arguing Yes: Oren Cass, Executive Director of American Compass

Arguing No: David McIntosh, President of the Club for Growth

Learn more about your ad choices. Visit podcastchoices.com/adchoices

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352 episodes

Artwork
iconPartager
 
Manage episode 398831395 series 2300998
Contenu fourni par Open to Debate. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Open to Debate ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

Whoever wins the 2024 election will soon face a critical decision about extending four trillion dollars in tax cuts expiring next year. Whether taxes will be raised, or cut is in question, against the backdrop of 34.1 trillion dollars in federal debt. For the past few decades, the Republican Party has embraced the belief that lower tax rates and less government spending boost the U.S. economy. However, there is disagreement among conservative thought leaders about the way forward on taxes for the Republican Party. Specifically, some argue that preferences for tax cuts ignore the looming deficit and that refusing to raise taxes further imbalances the federal budget. However, others continue to argue that our debt is caused by government overspending and will actually be helped by tax cuts and that these same cuts also help promote a flourishing economy.

With this background, we debate the question: Is the Republican Party’s Refusal to Raise Taxes Fiscally Irresponsible?

Arguing Yes: Oren Cass, Executive Director of American Compass

Arguing No: David McIntosh, President of the Club for Growth

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

352 episodes

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