Americans for Prosperity-Tennessee agrees with President Reagan's economic advisor, Dr. Art Laffer, that repealing the state's Death Tax would create thousands of new jobs and grow the Tennessee economy by removing the incentive for families, small business owners and farmers to invest in other states, like Florida, which do not impose a Death Tax.
Dr. Art Laffer, former advisor to President Reagan and renowned economist, released a report on the state of Tennessee’s ‘Death Tax’ and concluded that had we repealed this tax 10 years ago Tennessee would be in much better economic health than it is today.
Americans for Prosperity, a free market grassroots organization committed to smaller government and free enterprise, today released a policy paper detailing the organizations recommendations for the so-called Super Committee. The committee is tasked with identifying $1.5 trillion in deficit reduction measures. AFPs recommendations lay out nearly $5.9 trillion in spending cuts over a ten-year period.
Americans for Prosperity-Tennessee opposes corporate welfare. We believe in free markets, low taxes and limited spending. Pending legislation in Congress violates these principles, and that is why we at AFP-Tennessee have launched a statewide radio ad campaign to raise awareness on the issue and mobilize our grassroots activists to take action.
Here's a letter we sent to Tennessee's Representatives and Senators, please considering contacting their offices and tell them you oppose government intervention in the energy markets.
Dear Members of the Ways and Means and Energy and Commerce Committees,
It is a tremendous victory for free market activists that, for the first time in history, the debate over raising the debt limit became a debate over cutting spending. For that, we should be heartened that our efforts are truly making a difference. But we must continue to fight, because this deal is simply inadequate to the size of the fiscal challenge our country faces.
Ratings agencies have consistently called for at least $4 trillion in cuts to avoid a downgrade -- and rated the Boehner and Reid bills on which the final deal was based as inadequate for putting the country on a sound fiscal footing. This deal includes only $0.9 trillion in guaranteed cuts and in a best case scenario envisions an additional $1.5 trillion in cuts. And these are Washington cuts, not real cuts; they merely reduce the expected rate of increase in spending, while the federal government will continue to grow.