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  • Shock Poll: 69 Percent of Young People Favor Universal Tax Cuts

    7/16/2012 7:18:13 PM Posted by Ron Meyer
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    reaganBA

    By Ron Meyer, Young America's Foundation

    Young Americans love tax cuts--even for the wildly successful.  A new McClatchy-Marist poll revealed 69 percent of young people (ages 18-29) favor tax cuts for all Americans, while only 29 percent oppose.

    The wealth redistribution and "fairness" rhetoric coming from both academia and the Obama administration seems to be failing. Young Americans like financial and personal freedom.

    And, maybe they like jobs too.

    youthunemployedThe best youth jobs recovery in the last 50 years came when President Ronald Reagan cut taxes 25 percent for all Americans. When the Reagan tax cuts were implemented in 1982, the youth unemployment rate went from a peak of 18.8 percent to 10.7 percent the last term of his presidency--a 43 percent drop.

    Private sector businesses--not the federal government--employ young people, and every government spending stimulus has led to economic stagnation for America's youth. In contrast, the Kennedy, Reagan, and Bush tax cuts led to nearly immediate job growth for young Americans.

    The less money the government sucks away from the private sector, the more businesses have the freedom to invest in young people.

    When the "wealthy" have money, they spend it on jobs for young Americans. Right now, nearly 17 percent of young Americans are unemployed, and we'll take jobs over wealth redistribution any day.  

    America just celebrated bemoaned "Cost of Government Day". It took 197 days for the average American to make enough money this year to pay all their federal, state, and local taxes. The latest Obama administration proposal will only make this figure worse.

    History proves young Americans win when the government lets job creators keep more of their cash. Young Americans--supposedly some of the Obama administration's most enthusiastic supporters--want more jobs and less taxes for their employers. The federal government should listen to them.

    Ron Meyer--age 22--is the spokesman for Young America's Foundation and the originator of the Youth Misery Index. He's appeared on Fox News, CNN, GBTV, and theSean Hannity Radio Show. Contact him at rmeyer@yaf.org. 

    • Readers' Comments

    • I have one of these young Americans at home for the summer. She's 19, and going to be a junior in college. She's rabidly anti-Obama...seeing him rationalize stealing from someone else's success and setting himself up as arbiter of what "fair share" is going to be, really upsets her. Many students are very libertarian, and this generation was inundated with the idealogy through grade school and high school right up thru the 2008 election. They've seen the hollowness of these arguments and the dishonesty of Obama's talk, talk and walk has a major impact on her. She remembers what he said and she sees what he is saying now and what he is doing. She wants her shot at the American Dream and she sees that he doesn't believe in it. He believes you get to take success from someone else's hard work and call it your own. Wrong. Really, really wrong. She wants what she earns, and nothing more or less.
      Posted by SunnyJ on 07/17/2012
    • I have a 17 yr old son, he works and goes to school full time, graduated at 16 now in collage. He doesn't want a handout he wants a JOB at the end of school. He doesn't come from money and he know's what it's like to work hard. he doesn't believe that taking from the rich and giving to the poor is the answer. He believes hard work is!
      Posted by ADyson on 07/17/2012
    • The government does not want the people to be wealthy. They want to be wealthy. Suzy http://thesystem4me.blogspot.com/
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