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
Is Anti-Zionism the New Anti-Semitism?
Does Economic Growth Cost Too Much?
Should Artists Be Allowed to Borrow From Cultures Besides Their Own?
Should Ukraine Get Russia's Frozen Assets?
Is Modi's India Heading in the Right Direction?
Does America Need A Third Party?
Is Legalizing Marijuana a Mistake?
Is Objectivity Essential to Journalism?
Should we Erase Bad Memories?
Does Color Blindness Perpetuate Racism?
Should NATO Admit Ukraine?
Is Social Media Bad For Kids' Mental Health?
Is the FDA Too Cautious?
Should Prosecutors Pursue Minor Crimes?
Will Millennials Be Left Behind?
Should the Government Raise the Retirement Age?
Should SCOTUS Focus on the Original Meaning of the Constitution?
Should Congress Abolish the Debt Ceiling?
Is Netanyahu's Government Heading in the Wrong Direction?
Should Certain Books Be Banned in School?
Create your
podcast in
minutes
It is Free
In the Great Khan’s Tent
Visualize Meditations
The No-Frills Teacher Podcast
The Jordan B. Peterson Podcast
The Mel Robbins Podcast