A Nation Like No Other, by Speaker Newt Gingrich: on Tax Reform


Newt Gingrich: Death tax is a direct assault on civil society

Expansive government rapidly becomes expensive government, and that requires new and higher taxes. The transfer of money from citizens to the bureaucracy then further weakens civil society & leads to even more expensive & even more expensive government. That effort to finance Big Government through higher taxes is a direct assault on civil society, and the "death tax" is a prime example. This tax, which is in a constant state of flux and was resurrected in 2001 after effectively disappearing in 2010, falls especially hard on small business. That sector contributes immensely to America's social and economic dynamism, often acting as the cornerstone of community organizations and local philanthropy. Entrepreneurs and shopkeepers are community leaders and, when prosperous, are generous with their time and money. Prosperity and generosity are highly correlated, as those with more to give feel obliged to give more.
Source: A Nation Like No Other, by Newt Gingrich, p.129-130 Jun 13, 2011

  • The above quotations are from A Nation Like No Other
    Why American Exceptionalism Matters    ,
    by Speaker Newt Gingrich    .
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