Townhall...
American
Resources For American Jobs,
Revenue and Prosperity
By Paul Driessen
8/6/2011
A
frequent refrain during budget and
debt ceiling debates is that we need revenue enhancement: higher tax
rates,
reduced deductions, eliminated credits. But doing this, especially amid
today’s
massively expanding regulations, will kill more jobs and further reduce
government revenues.
There
is a better way. Huge revenue
sources are literally under our noses, or more precisely our feet.
America
is blessed with vast oil, gas,
coal, uranium, rare earth and other natural resource riches – to
compliment our
ultimate resource: the creative, competitive, innovative spirit of our
people.
Finding
and developing these resources
would generate millions of jobs and billions, even trillions, in new
government
revenue and societal wealth. It |