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
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.
The 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
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 email@example.com.