Editorial: Which Presidential Candidate Would Put the Most Money Back in Your Wallet?

December 1, 2007 By Matthew Paulson

With a total of 8 Democratic candidates, 8 Republican candidates, and a number of independent candidates running for president, it’s a hard choice to figure out which individual (if any) should get your support. Perhaps the best way to decide whom to endorse is by examining all of the candidate’s proposed policies and seeing which of the presidential candidate’s plans will be the best for you and your individual financial situation. So, which candidate would be best for you in the 2008 race?

You’re welcome to accuse me of being one of Ron Paul’s “irrelevant internet supporters” but his policies will unequivocally put the most money back in your pocket. First of all, Paul wants to make participation in Social Security voluntary. This means you would get the 12.4% of your income that the government takes from you to pay for Social Security Back. If you make $40,000 a year, you just earned a $5,000 raise each year! With $5,000 you can easily pay for the disability coverage that Social Security Provides and have a retirement plan that will yield you much more money than Social Security would.

Paul also hopes to eliminate the Internal Revenue Service once and for all and substantially reduce the size of the federal government. This would essentially put the 10%, 15%, 25%, or 33% that you pay in Federal income taxes and put it back in your pocket. That’s another instant raise right there. You could then use that money in whatever manner you wanted and would not have to subsidize all of the ‘services’ that the government offers, the vast majority of which you do not use or benefit from. Most of the services, such as roads, hospitals, and schools that we actually do use are funded by state and local governments, not the Federal government.

Finally since Ron Paul wants to significantly reduce the size and scope of government, the economy would blossom. Without all sorts of meddling from the federal government, small businesses and companies could flourish like never before. Each business would decide what the best practices for running their business model are and not have the government’s cookie-cutter standards enforced upon them. There would be all sorts of added competition in the business world to provide you the best deal for your money. Prices would certainly go down, and you would have a lot more money in your wallet at the end of the day.

With the Paul Presidency, you would get all of your Social Security money back, your income taxes back, and a lot more competition in the business world which would lower prices. All of the other candidates have proposals to spend more tax money that the government just doesn’t have, but not Ron Paul.

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