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In Case You Missed It: Diana Furchtgott-Roth's Coverage of the Tax Policies for 4% Growth Conference

Article by Hannah Abney April 13, 2012 //   2 minute read

In "The 4% Project" on RealClearMarkets.com, Diana Furchtgott-Roth, a contributing editor of RealClearMarkets, a senior fellow at the Manhattan Institute, and a columnist for the Examiner, recaps the Bush Institute's recent conference on Tax Policies for 4% Growth. Furchtgott-Roth notes, "Some might call such a growth rate ambitious. But that just shows how expectations have diminished. In the 1950s and 1960s, no one would have thought that 4% was a worthy target." After a day of impressive speakers and innovative policy ideas, Furchtgott-Roth reflects on how far the U.S. has declined economically, but optimistically says, "…what could change once could change back in a positive direction. We can implement new policies for economic growth-and we don't even have to stop at 4%." Additionally, Furchtgott-Roth's piece in the The Daily Mail, "How to Get Warren Buffet to Pay His Fair Share", contrasts different proposals or "gimmicks" that are currently being discussed by various groups and individuals to alter the tax code and increase revenue with those discussed at the Bush Center's Tax Policies Conference. Furchtgott-Roth says, "The conference message is that tax competition is beneficial, and, when it comes to taxes, less is more." Regardless of what policy is implemented however, Furchtgott-Roth stressed: "Raising America’s growth rate is vital because over the past five years America has, unfortunately, traded places with Canada and Germany.  America’s unemployment rate is higher than theirs, whereas it used to be lower.  America’s deficits are bigger.  America’s economic growth rate is weaker." Furchtgott-Roth's articles can be found on RealClearMarkets.com and on The Daily Mail.