ECON­OMY OF WORDS

The Washington Times Weekly - - Politics - / Bruce Tins­ley

Among many things, it re­jects tax in­creases and keeps fed­eral tax lev­els at 18.5 per­cent of gross do­mes­tic prod­uct. And that would be a new “Sav­ing the Amer­i­can Dream,” a fis­cal plan from the Her­itage Foun­da­tion to wrest con­trol of the nation’s econ­omy, with an em­pa­thetic eye to­ward young adults, se­niors, fam­i­lies, en­trepreneurs and low­in­come work­ers.

“The Her­itage plan quickly brings the fed­eral bud­get in bal­ance, keeps it per­ma­nently bal­anced, and starts pay­ing down the debt — all with­out in­creas­ing taxes,” co-edi­tor Stu­art But­ler says. “In­stead, we solve our spend­ing and debt crises by im­me­di­ately get­ting en­ti­tle­ments un­der con­trol, re­shap­ing the role of gov­ern­ment, and cre­at­ing a sim­ple, growth-ori­ented tax sys­tem with greater sav­ings in­cen­tives for all Amer­i­cans.”

See the many de­tails www.sav­ingthe­dream.org.

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