Most important, however, is the fact that the Senate bill is based on a sound economic principle: in order to get true economic growth, cut tax rates along with imposing spending restraints. Enacting this legislation means more money in the pockets of Pennsylvanians and makes for a better business climate. Elections may or may not be about change, but they are always about choices, and if Republicans are to be considered a viable alternative in 2008, they must re-stake their claim to policies of economic empowerment. Unfortunately, the Pennsylvania small business community is now looking to the next legislative session for this much needed relief.
In times of economic uncertainty, government should be limited so that it never infringes on the productivity of the market or spoils the fruit of ingenuity; taxes should be kept low so that families keep more of their hard earned money and benefit from the economic empowerment that it provides; and business regulation should encourage entrepreneurs to take risks, so that more individuals can enjoy the satisfaction and fruits of self-made success. The Republican leadership in the Pennsylvania Senate took action on a measure that is one step in the right direction and a good example for others to follow.
Most Americans know that the great opportunities this nation has to offer rests not in the programs of some bureaucrat but rather in the hands of individuals who strive to make tomorrow just a little bit better for their children than today has been for them. What Americans will respond to is a message based on these principles, one that is based on ensuring our families have the means and our small businesses the confidence, to allow the market to work its will and pull this economy in a new direction. Common sense, free-market ideas – such as those pursued in the Pennsylvania Senate –will create a framework for real economic prosperity and give tomorrow’s risk-takers something worth investing in—our economy.