The answer is clear to all Americans. We need to generate more good paying jobs in the private sector. Once that is said, the obvious next step is is to make life easier for those Americans who provide such jobs. Pretty simple, is it not? The central political issue for any political candidate should be how to help small business owners generate a wave of good new jobs. A presidential candidate’s defining economic issue should be jobs, certainly not tax rates. A $65,000 family income is a big deal and a fine target. But the tax rate, as long as it not exorbitant, on such income is a distant secondary issue to creating the jobs themselves. Rand Paul can refine his message by focusing on private sector job creation.
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Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.