Libertarian Candidate for President
During the 2012 campaign, Gary Johnson was lauded for having the best “job creation” record of all the former governors running for President. His response: “As Governor, I didn’t create a single job.” His point, of course, being that government doesn’t create jobs — except for itself. Entrepreneurs, growing companies and a robust economy create jobs.
Government’s role is to create and maintain a regulatory and tax environment in which private job-creators can prosper. Gary Johnson did that as Governor, and would do so as President. Government regulation should only exist to protect citizens from bad actors and the harm they might do to health, safety and property. Regulation should not be used to manipulate behavior, manage private lives and businesses, and to place unnecessary burdens on those who make our economy work. Eliminating unnecessary regulations and applying common sense to those rules that are necessary will free up capital and allow those who want and need to create jobs to do so.
Likewise, adopting the tax reforms Governor Johnson advocates will literally create millions of jobs. While most politicians, Democrats and Republicans alike, suggest that modest reductions in business taxes might create jobs, Gary Johnson believes eliminating income taxes on businesses will transform the U.S. into the “job magnet” of the world. Why would any corporation move its operations off-shore when the best tax “haven” on the planet is right here at home?
By the time Barack Obama leaves office, the national debt will be $20 TRILLION. That is not just obscene, it is unsustainable — and arguably the single greatest threat to our national security.
Responsibility for the years of deficit spending that have created our debt crisis rests squarely with BOTH the Republicans and the Democrats. The debt doubled under President George W. Bush — and doubled again under President Obama. During that time, both parties enjoyed control of Congress, and the deficit spending just kept piling up.
It doesn’t have to be that way, despite what the politicians say. But the idea that we can somehow balance the federal budget without cutting military spending and reforming entitlements is fantasy. What is required is leadership and political courage. As Governor of a state with an overwhelmingly Democrat legislature, Gary Johnson stood up to excess spending, vetoed 750 bills and literally thousands of budget line items…and balanced the state’s budget.
Governor Johnson has pledged that his first major act as President will be to submit to Congress a truly balanced budget. No gimmicks, no imaginary cuts in the distant future. Real reductions to bring spending into line with revenues, without tax increases. No line in the budget will be immune from scrutiny and reduction. And he pledges to veto any legislation that will result in deficit spending, forcing Congress to override his veto in order to spend money we don’t have.
No excuses. No games. A REAL balanced budget.
Today’s federal tax code does all the wrong things. It penalizes productivity, savings and investment, while rewarding inefficiency and designating winners and losers according to political whim. For far too long, tax laws have been used not just as a means to collect needed revenues, but as a weapon with which to manipulate our behavior, create and destroy industries and fulfill politicians’ dreams of social engineering. The result is a tax code that is more than 70,000 pages long enforced by a government agency with almost 100,000 employees.
It is nothing less than a massive deployment of government force on our lives, our finances and our freedom.
Governor Johnson advocates the elimination of tax subsidies, the double taxation embodied in business income taxes, and ultimately, the replacement of all income and payroll taxes with a single consumption tax that will allow every American and every business to determine their tax burden by making their own spending decisions. Taxes on purchases for basic necessities would be “prebated”, with all other purchases taxed equally regardless of income, status or purpose.
Many leading economists have long advocated such a shift in the way we are taxed, and Gary Johnson believes the time has come to eliminate the punishing tax code we have today and replace it with a system that rewards productivity, investment and savings. The IRS as we know it today would no longer be necessary, and Americans would no longer need to live in fear of the force of government being wielded under the guise of tax collection.