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What the Right Believes In

Updated on July 1, 2019
starblast profile image

When I was a teenager, I identified as a liberal. Later in 2018, I started to lean right after paying attention to politics.

Introduction

In a nation that is more political than ever, partisan politics have become an epidemic. I think you can have two serial murderers to run and people will still vote for them as long as they are Republicans and Democrats. The main justification being that one candidate is the lesser evil. Now, it is extremely easy to call the other side of the political aisle idiotic, heartless, and ignorant; However, let us not do that and instead familiarize ourselves with their school of thought. We can absorb the practical and reject the impractical.

Fiscal Policy

Taxation

People on the right believe in across-the-board tax cuts. Now, I'm aware that many will point to the fact that tax cuts largely go to the rich, and not the poor. That is actually a correct observation. The reason for that is simple, we are cutting taxes for people who are paying the most taxes. Also, you can't cut taxes for people who are not paying anything in the first place. According to Tax Foundation, the top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent). According to Keynesian economics, tax cuts will also stimulate the economy. I'm saying this because Keynesian economics is very popular with people who lean left.

Also, we do not believe that tax cuts are expensive. It is not expensive to let people keep their hard-earned money, it was their money in the first place. Furthermore, the word expensive relates to expenses and not reduced revenue. This also includes corporate taxes. According to SBE council, 99.7% of businesses are small businesses. By cutting corporate taxes, the small businesses will stand to benefit from the tax cuts. Small businesses are constantly struggling, their main source of finance is the profits re-invested back. By cutting taxes, we can increase their profit after taxes (PAT). Now, I'm aware that other sources of finances are available but they are not accessible by small businesses. This includes...

• Loans

Unfortunately, most small businesses' loans are not approved. This is largely due to the fact that most small businesses do not possess expensive long-term assets to serve as a collateral/charge. Banks will seek to have an asset as collateral so in case the loan is forfeited, they get to sell the asset to recoup the losses. This lowers risk for the banks. Other than that, small businesses do not have proven business track records so it is difficult for the banks to gauge the ability to repay the loan.

• Share issues

Well, limited liability companies can issue shares privately but it is not easy to convince private investors. Large companies who acquire public listings can easily market their shares to the public. By having a public listing, they improve the marketability of their shares because it is more accessible to investors, they can be bought online and in smaller quantities.

Government Spending

The right also believes in reduced government spending. This is due to the fact that we believe in fiscal conservatism. Fiscal conservatism encompasses the government taxing less and spending less. It is worth noting that I believe that the current military spending is sufficient. This is important to achieve minimal national debt which is a large problem with the United States being 22 trillion in debt. This might surprise certain individuals but Bill Clinton was a fiscal conservative.

By spending within our means, we can create budget surpluses instead of deficits. My problem with many Republican presidents is that they do not cut spending.


Social Issues

Affirmative Action

Republicans do not believe in affirmative action. We believe that the so-called minority groups are more than capable to thrive without the government helping them. Not only that, affirmative actions actually hurt minorities. The logic is simple, it is because they are not in their destined level. For example, a Hispanic student who wasn't supposed to be in Harvard got in. He wasn't qualified but through affirmative action, he entered a place where he will be at the bottom. What's the likely outcome? He'll likely drop out as he cannot cope with the higher level. According to Heritage, more than 50 percent of African-American law students (many of whom had been admitted pursuant to affirmative action policies) were in the bottom 10 percent of their class. And the dropout rate among African-American students was more than twice that of their white peers (19.3 percent vs. 8.2 percent)

Additionally, the concept of affirmative action directly interferes with meritocracy. This is done by switching the attention from skills and know-how to race and religion.

Abortion

Republicans believe in life, liberty, and the pursuit of happiness. Personally, I believe that abortion should be banned only after 3 months, but my opinion does not matter in this article. Generally, Republicans believe that abortion is murder, thus, it violates life. What about liberty? Well, if we fit into the current narrative, liberty to murder should clearly be disallowed. Furthermore, without life, you won't have liberty in the first place. It is also worth noting that many other contraceptives such as condoms, intrauterine devices (IUD), and many other alternatives are available. Please use it responsibly.

Also, it is not anti-woman to suggest that abortions are morally reprehensible. Do we believe in freedom? Yes, but not in the cases of murder. It is a free country, do whatever you want; However, when you are exercising your freedom by murdering, you'll be apprehended.

Gun Laws

Republicans believe in the right to bear arms. This is important to ensure guns are accessible to innocent people. Personally, I believe in backgrounds checks for both mental health and criminal record. Additionally, guns are utilized more by innocent people. The National Academies’ Institute of Medicine and National Research Council reported that, and I quote, "Almost all national survey estimates indicate that defensive gun uses by victims are at least as common as offensive uses by criminals, with estimates of annual uses ranging from about 500,000 to more than 3 million, in the context of about 300,000 violent crimes involving firearms in 2008." This statistic suggests that guns are used significantly more often to save lives than they are used to commit crimes.




The Economy

Deregulation

Republicans believe in deregulation of certain industries. This is important to stimulate competition by lowering the barrier of entry. With increased competition, consumers can enjoy a better flow of information by drawing comparisons. Industry leaders will also seek innovative ways to increase quality while slashing prices. It is also worth noting that increased competitors will increase the supply. According to the supply and demand model, when the demand is stationary but the supply increases, the price will drop.

Needless to say, this should be done in moderation because full-fledged deregulated industries will be akin to the jungle. During the 1970s in the United States, banks were stifled by many restrictions and regulations on things like interest rates(both lending and borrowing rate) and their branches were confined to a single state. Then, the deregulation happened and banks can now operate globally. Because of this, competition intensified, this benefited both the consumers and the banks.

Public Sector

Republicans believe that the private sector generally does a better job. For this, it hits close to home because I see this every day. I'm from Malaysia, a country in Southeast Asia. Over here, the private schools do better than public schools. Private hospitals also provide better facilities and services. In conclusion, generally, the private sector is better.

The reason is simple, in the public sector, people in charge are spending other people's money. Therefore, they are not careful with the money because it wasn't earned by them so no effort and planning was involved. For example, people working in the government sector often take trips to the capital city of Kuala Lumpur. I heard that they often purchase the most expensive air tickets because it's the government's money, they justified. What a waste of our taxpayer's money!

Capitalism

More specifically, laissez-faire capitalism in which the government limits intervention in businesses. We believe that when the government reduces intervention in businesses, they tend to do better.

Case in point is Hong Kong. Nobel prize-winning economist Milton Friedman credits Hong Kong as a laissez-faire state, Hong Kong has tremendously improved from poverty to prosperity in just about 50 years. In fact, their income per capita even surpassed Britain (who once ruled over them). According to Heritage, the standard income tax rate is 15 percent, and the top corporate tax rate is 16.5 percent in Hong Kong, these are very low tax rates, in my opinion. Hong Kong is also ranked 1st among 43 countries in the Asia–Pacific region. Hong Kong’s economic freedom score is 90.2, this makes it the freest economy in the index of 2019.

According to CEO world, other nations with free economies include, but are not limited to Singapore (world's most competitive economy), New Zealand, Switzerland, Australia, the United Kingdom, and Canada.

Comments

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    • bradmasterOCcal profile image

      Brad 

      9 months ago

      Godwin

      Thanks. These are just the basics of the constitution found in the Bill of Rights. Unfortunately, it is up to the Supreme Court to tell us what they really mean. And if the court is political the constitution changes to suit the politics.

      I am not a Libertarian and I usually follow my own ideas, and many times I find myself on a lesser traveled path.

    • starblast profile imageAUTHOR

      Godwin Light 

      9 months ago from Malaysia

      Woah! I've actually heard about what you're talking about from libertarians. Also, you do know a lot about the constitution. Kudos to you!

    • bradmasterOCcal profile image

      Brad 

      9 months ago

      Godwin

      Yes, I see where you are coming from on this.

      I have always advocated for a National Sales Tax or a Flat Tax as it would totally replace income tax.

      Everyone would pay the same percentage on what they buy, and there would be no favoritism. Using the Russian 13%, you wouldn't pay taxes until you buy something.

      And the rich will pay that on larger ticket items, and the middle class would be less only if they didn't buy these lower ticket items.

      There are other benefits from not having the income tax. We wouldn't lose money from our paychecks that withhold perceived tax, and that money would be spent on whatever rather than already in the pocket of the government.

      The Income Tax nullifies the 5th amendment protection of not being a witness against yourself. And the 4th amendment right to privacy would not be violated in the name of making sure you didn't cheat the government on income tax.

      You wouldn't be burden having to keep all those records, and prepare those Tax Forms.

      The problem with a fixed rate for income tax, it still has all these negatives I just mentioned, whereas a sales tax doesn't.

    • starblast profile imageAUTHOR

      Godwin Light 

      9 months ago from Malaysia

      I agree that the rich have accountants and attorneys to help them with their taxes, this allows them to make use of legal loopholes. I don't blame them actually, the rational thing for everyone is to pay as less as possible. Supposedly, I've read that progressive taxes are applied to shift the tax burden to the rich. However, a report done by OECD concluded that there is a weak negative relationship between progressive taxes and economic growth.

      According to ProPublica, in 2001, Russia reformed to a 13% flat tax rate. The result is a 26% increase in their income tax revenue (adjusted for inflation). Russia also went through a strong GDP growth of 6 to 8% from 2003 to 2007.

      With that said, I'm reading up about flat taxes

    • bradmasterOCcal profile image

      Brad 

      9 months ago

      Godwin

      " the top 1 percent paid a greater share of individual income taxes (37.3 percent) than the bottom 90 percent combined (30.5 percent)."

      B:

      I have a different view on this. What you have said here is true, no question. But, I submit that what they are paying is only a fraction of what they should be paying. As you said, the poor don't make enough to pay taxes, they usually are getting relief.

      However, the Middle Class is paying most of the bottom tax. The Income Tax System is applied badly, and it is made worse by the Internal Revenue Code.

      There are hundreds of tax loopholes in the Internal Revenue Code, but only a few are accessible to the Middle Class.

      The high marginal tax doesn't really get to them. And why should people be taxed differently?

      There is more but you get the idea.

    • starblast profile imageAUTHOR

      Godwin Light 

      9 months ago from Malaysia

      Thank you, T!

      I find the quote about utopias very true. I also agree that in a socialist state, the people are poor and the government is rich. Very insightful, as always, T!

    • tsadjatko profile image

      9 months ago from now on

      This is a straight forward presentation of the facts.

      There are any number of definitions of conservatism out there on the web, though the sense from googling around is that at least half of them are invidious; caricatures plucked from the imaginations of anti-conservatives looking for convenient enemies, sort of like Apollo Creed handpicking Rocky Balboa out of obscurity because he thought Rocky fit a convenient, and easily defeatable, stereotype.

      So-called liberals love to talk about how much they just want to do “what works,” but it’s amazing how often “what works” doesn’t. Even more remarkable is how the mantra of “what works” is almost always a license to empower the “sophisters, calculators, and economists who would reconstruct society upon abstract designs.”

      The defining rhetorical trope of Barack Obama’s presidency was this ancient idea that “we’re all in it together.” This warmed-over moral equivalent of war talk is simply another way of saying that everybody needs to fall in line and follow him to the sunny uplands of History. Here’s Hillary Clinton in her do-over announcement speech: “President Roosevelt called on every American to do his or her part, and every American answered.”

      No, they didn’t. And while some were no doubt reassured or inspired by FDR, most people showed up for work not for his benefit but for their own.

      In a socialist economy, the socialist intellectuals and bureaucrats have the power (and, truth be told, the wealth). In a free economy, the socialist intellectual is a performance artist and the socialist bureaucrat has to work for a living.

      “No political philosopher has ever described a conservative utopia,” Samuel Huntington writes. That’s because there is no such thing as a conservative utopia — because there’s no such thing as a utopia (the very word means “no place”). The socialist cannot accept this and he spends his days arguing that it is better to constantly try to kill the two birds in the bush with one stone than to be grateful for the one bird he already has in his hand.

      https://www.google.com/amp/s/www.nationalreview.co...

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