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
#125 - Is "Big Pharma" to Blame for Rising Health Care Costs?
#124 - Are the Elites to Blame for the Trump Phenomenon?
#123 - Climate Change: Has the EPA Gone Overboard?
Bonus Podcast: The GOP Must Seize The Center Or Die
Bonus Podcast: The Supreme Court Considers Racial Preferences In State University Admissions
#122 - Has The President Usurped The Constitutional Power Of Congress?
#121 - Do Hunters Conserve Wildlife?
#120 - Eliminate Corporate Subsidies
#119 - Should We Trust The Promise Of Artificial Intelligence?
#118 - Is Free Speech Threatened On Campus?
#117 - Are Lifespans Long Enough?
#116 - Should The U.S. Let In 100,000 Syrian Refugees?
#115 - Does The Equal Protection Clause Forbid Racial Preferences In State University Admissions?
#114 - Can Central Banks Print Prosperity?
#113 - Do U.S. Prosecutors Have Too Much Power?
#112 - Should College Students Be Allowed To Take Smart Drugs?
#111 - Should We Raise The Federal Gas Tax To Fund Infrastructure?
Bonus Podcast: Is Death Final?
#110 - Are China And The U.S. Long-Term Enemies?
#109 - Should Courts Or Campuses Decide Sexual Assault Cases?
Create your
podcast in
minutes
It is Free
The Resilient Mind
Positive Thinking Mind
In the Great Khan’s Tent
The Mel Robbins Podcast
The Jordan B. Peterson Podcast