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Andrew Straw on Tax Reform

 

 


Tax cuts for rich don't help economy if tied up in stocks

Q: Do you agree or disagree with the statement, "Higher taxes on the wealthy"?

A: I support higher taxes on˙certain activities˙and lower taxes on others. The goal is to increase employment by motivating the wealthy to use their money to create jobs This is a very old topic that goes back to the Great Depression. Hoarding money does not grow the economy or create jobs. If money gets wrapped up in the stock market, this does not necessarily create jobs. The economy should not be like a casino, with no values but chance, and the house always winning. I would like to see the US Treasury provide low or no-interest business loans to people with disabilities. Congress used to have such a program, but it expired.

Source: OnTheIssues follow-up with 2018 Indiana Senate candidate , Mar 2, 2018

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Page last updated: Jun 04, 2018