Thursday, June 30, 2016

Rick Kelo- Increasing Income Taxes are Dangerous for Our Economy


For many the words tax instantly induces groans and sighs. No one likes to pay taxes, but everyone recognizes that a certain amount is necessary to help oil and run a civilized community on a flowing infrastructure. However as taxes suspiciously seem to creep up every year, from social security and basic income tax to corporation and trading taxes, businesses and citizens alike are finally recognizing the detrimental impact such policies are having on our economies. Rick Kelo is one such classical liberal thinker who is an articulate voice in expressing these concerns, via his hugely popular blog and website. Educated at West Point and then followed with and MBA at the University of Chicago, Rick Kelo subscribes the economic views of the Austrian and Monetarist traditions, with great thinkers such as Ludwig von Mises and John Locke forming the backbone of his philosophy.

In this tradition, Rick Kelo expresses in his compelling articles the dangers higher taxes are having towards the American economy. To take such large cuts in the from of income tax from those who have worked s hard to earn it creates not only a smaller spending force among the public, but also an atmosphere of resentment and caution. People with less disposable income have less opportunity to spend and therefore pump money into the economy, leaving businesses and enterprises to the whims of government policy. Rick Kelo recognizes this as one of the great social injustices of out time. And he is not alone.

There is a growing movement of economists, academics, philosophers and politicians who are recognizing their responsibility to help proliferate these progressive ideas of reducing government taxes to boost the economy.

It has long been the ideology of classical liberal thinkers to reduce and limit the size of the government. For them, such as it is with Rick Kelo, a large government alludes to ideas of socialism, which is, as history has taught us, an oppressive and detrimental philosophy for pursuing economic prosperity. Rick Kelo and others in his school of thought have taken upon themselves to help spread these ideas, using their insightful articles and articulate manner to apply a historical focus on contemporary issues. For more visit Rick Kelo - Chicago, IL, Houston, Atlanta, Tax Recruiter

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