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jmMö The Case for Tax Cuts & Spending Discipline The data is clear: Lives improve when the government takes less of our hard earned income. People earn more. A Harvard study “of over 200 fiscal adjustments in 21 countries shows that spending discipline and tax cuts are the best ways to spur economic growth.” And that study is not alone. According to comprehensive analyses by the Centre for Policy Studies, the European Central Bank, and the World Bank, high taxes and irresponsible spending slow the economy while low taxes and responsible spending grow the economy. Lives improve. A better economy means a better future for many families. According to the findings of a researcher from Utah State University, “couples with no assets at the beginning of a 36 month period were 70 percent more likely to divorce than couples with $10,000 in assets.” And children in poor households are more than twice as likely to drop out of school, six times more likely to experience violent crime, and almost ten times more likely to experience genuine hunger, according to a comprehensive review of the scholarly consensus from scientific studies over the years. When the government takes less, the most at risk have a better chance at success. Footnotes... 1. Alesina, Alberto. Wall Street Journal. “Tax Cuts vs. 'Stimulus': The Evidence Is In.” September 15, 2010. <http://online.wsj.com/article/SB10001424052748704271804575405311447498820.html> 2. Bourne, Ryan and Oechsle, Thomas. Centre for Policy Studies. “Small Is Best: Lessons from Advanced Economies.” May 2012. <http://www.cps.org.uk/files/reports/original/120522105633-smallisbest.pdf> 3. Afonso, António and Jalles, João Tovar. European Central Bank. “Working Paper Series: No. 1399, Economic Performance and Government Size.” November 2011. <http://www.ecb.int/pub/pdf/scpwps/ecbwp1399.pdf> 4. Gill, Indermit S. and Raiser, Martin. The World Bank. “Golden Growth: Restoring the Lustre of the European Economic Model.” Chapter 7: Government. <http://siteresources.worldbank.org/ECAEXT/Resources/258598-1284061150155/7383639-1323888814015/8319788-1326139457715/fulltext_ch7.pdf> 5. Dew, Jeffrey. The National Marriage Project. “Bank on It: Thrifty Couples Are the Happiest.” 2009. <http://www.stateofourunions.org/2009/bank_on_it.php> 6. Brooks-Gunn, Jeanne, and Duncan, Greg J. Children and Poverty. “The Effects of Poverty on Children.” Vol.7;No. 2. Summer/Fall 1997. <https://futureofchildren.org/futureofchildren/publications/docs/07_02_03.pdf>