In addition, if there is concern for the turbulent stock market, which is a driving factor of the American economy, a tax cut is the not the optimal way to cushion weakening corporate earnings. Federal Reserve Chairman Alan Greenspan has called for reductions in the national debt. The question over fair distribution of the tax cut is also important. There is not a major problem with eliminating the marriage penalty and the estate tax and doubling the child tax credit. These are acts of simple fairness.
Many unfair programs exist in the United States.
If Republicans in power want to try to bring more fairness to particular programs, that is their prerogative. The biggest concern is over the rate reductions. For immediate relief, the Centrist Party would advocate focusing tax cuts in the Social Security and Medicare taxes, known as the FICA taxes, that affect all Americans workers each week, two weeks, or month. Reducing these taxes and replacing the money from the general revenues would be a fair and an effective way to cut taxes in America. No part of this site may be reproduced without the express written permission of the Centrist Party.