Show-Me Minute: Tax Credits

The Show-Me Minute is a short radio advertisement to inform listeners about the work of the Show-Me Institute in a particular policy area. In this Show-Me Minute which first aired on KWTO 560AM in Springfield, MO, we discuss tax credits.

Transcript:

Know any big time gamblers?

Sure you do. They’re your elected
officials. They gamble all the time with tax credits. Tax credits sound like
a great idea–a way to attract business without spending any money. It’s
like using your credit card to buy that expensive watch or HD TV you’ve
always wanted. You don’t have to pay any money up front and you figure
you’ll somehow have the money when you need it. So Governments hand
out tax credits like candy, rolling the dice with your dollars and betting that
they can pick winning businesses.

But tax credits aren’t free money. Often the gamble doesn’t pay
off and then the bill comes to you in the form of reduced services or
higher taxes. Why should lawmakers gamble with your money? They
shouldn’t. Let the free market work. If a business idea is such a good one,
let private entrepreneurs develop it and assume the risk.

This has been the Show-Me Minute.~ learn more about the Show-Me
Institute, where liberty comes first, click on our website at ShowMeInstitute.org