DevilsAdvocate
Member
- Joined
- Dec 27, 2011
- Messages
- 1,608
Can someone elaborate on the economic freedom zones. I didn't really like the sound of it considering it would be picking winners and losers. If he makes the zone the entire US then i am approve.
Edit: Never mind i found the PDF.
http://www.paul.senate.gov/files/documents/EconomicFreedomZones.pdf
I'm pretty sure the idea is to demonstrate just how well economic freedom works. Once the concept is proved, voters will clamor for wider adoption of the principle. It can also help spark competition between cities and regions, each trying to offer more and more freedom to draw in investment.
It's also a clever way to roll back big government using special interest groups. So for example, let's say you intend to lower taxes on everybody. You tell black groups "I will cut taxes on African Americans". You tell business interests ""I will cut taxes on businesses", you tell wealthy investors, "I will cut taxes on job creators". Basically, you phrase your proposal in a way that it appeals directly to the special interest group you are talking to, ensuring their support. So in the end, maybe you didn't lower everybody's taxes all at once, but piece by piece, interest group by interest group.