We’ve got to make sure that we are not the party of big business, big banks, big Wall Street bailouts, big corporate loopholes, big anything,” Jindal told POLITICO in a 45-minute telephone interview. “We cannot be, we must not be, the party that simply protects the rich so they get to keep their toys.
Democrats have done an excellent job of casting Republicans in that light. Rather hypocritically given how often their own policies – such as huge subsidies for gigantic companies investing in “green energy” – promote big business.
Bill Kristol caused a stir in conservative circles recently by suggesting that Republicans end their opposition to tax hikes on the rich. But an increase in tax burdens, an increase in the burden of government to citizens in general whatever their income level, is not the solution America needs.
Instead of tax hikes, why not attack (as Carney suggests) crony capitalism and corporate welfare? In all the populist political brawling over who is and is not the champion of the “little guy,” we tend to forget that bigger government begets big business. The more taxes and red tape we burden businesses with, the larger those businesses must be to survive.
And when the government promotes “investment” in this or that industry, or engages other devices of economic planning, the result is almost always corruption and wasted tax dollars.
I, for one, don’t want higher taxes in order to keep the flow of crony dollars to the big-business buddies of the politicians going.