Duncan Hunter on Fiscal Conservatism
"First of all, I think Ronald Reagan spoke for all of us in the conservative movement when he said,
"We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much."
With that in mind, I want to let you know that I supported George Bush's tax cuts, voted for them, and strongly believe that they should be made permanent. Additionally, I support reform of the alternative minimum tax, believe that it's vitally important that we simplify our tax code, and think it should require a 2/3rds majority in Congress to raise taxes. If you leave money in the pockets of American businesses and taxpayers, the tax base will increase and it will bring in more revenue for the government. That's exactly what happened with the Bush tax cuts, which proved to be extremely beneficial to the economy.
Next, let me talk about area that I think we conservatives often overlook; that's trade. We simply should not stand by and take it when nations like China place a 17% penalty on our imports and de-value their currency by 40%, through currency manipulation, in order to take jobs from American workers. How fair is it for Americans to work hard, play by the rules, be considerably more efficient than workers overseas, and then be put out of a job because their government won't stand up demand that the products they produce be given a fair chance to compete in foreign markets? As President of the United States, I would do something about that." cont'd
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