Sustainable Fiscal Policy with Grover Norquist | Let People Prosper Ep. 138🎙️

Cut Spending, Cut Taxes, Prosper More

Hello Friends!

Tax reform isn’t just about lowering rates—it’s about creating the right incentives for economic growth and ensuring sustainable government spending. In this episode of the Let People Prosper Show, Grover Norquist, president of Americans for Tax Reform, joins me to discuss tax reform at both the federal and state levels, the importance of sustainable budgeting, and why tariffs harm American businesses and consumers.

Grover shares his insights on the future of tax cuts, how states like Texas can remain leaders in tax competitiveness, and the importance of reducing government waste. We also explore how smart fiscal policies at the state level can influence federal tax reform, making this a must-listen for anyone who wants a pro-growth tax policy that allows people to prosper.

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Key Highlights

💡 Tax Reform is Key to Economic Growth

• Lower taxes create jobs—economic growth reduces deficits over time.

• Timing matters—delayed tax cuts can limit their impact on economic expansion.

• State-level tax reforms work—states moving to zero income tax see stronger economies.

💰 Spending Restraint & Sustainable Budgeting

• Government size must shrink—excessive spending hurts economic prosperity.

• Local spending in Texas is a problem—property taxes remain high even with no income tax.

• Sustainable budgeting keeps taxes low—spending limits force better fiscal discipline.

🌎 Trade & Regulatory Reform Matter

• Tariffs hurt Americans, not foreign nations—they function as hidden taxes.

• Regulatory burdens kill businesses—cutting red tape enhances competitiveness.

• Good policies at the state level influence Washington—Texas and Florida set examples to follow.

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Timestamps

🔹 00:00 - Introduction to Tax Reform and Advocacy
🔹 02:40 - Why Timing of Tax Cuts Matters for Growth
🔹 05:46 - Challenges in Passing Tax Legislation
🔹 10:04 - How Economic Growth Reduces Deficits
🔹 13:02 - Sustainable Budgeting and Spending Limits
🔹 19:43 - State-Level Tax Reforms & Income Tax Trends
🔹 27:40 - Texas Must Control Local Government Spending
🔹 34:46 - Trade Policies, Tariffs, and Economic Competitiveness

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Closing Thoughts

Smart tax policy fuels economic growth, but it should be paired with spending restraint. As Grover Norquist explains, lower taxes, sustainable budgets, and fewer regulations are the keys to prosperity. North Carolina, Iowa, and other states leading the charge on tax reform must continue innovating to stay competitive.

📢 Want to dive deeper into tax policy? Learn more about Grover’s work at Americans for Tax Reform.

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