One of the benefits for free society – for families, individuals, businesses, and others – that conservative principles and thinking provides is the possibility for balancing realities and principles that may seem to be in conflict, resembling the balancing act that any person must do in life in order to find lasting human happiness. Rather than imagining up idealistic, and often simplistic, concepts and trying to force the world to fit into the box we have created for it (e.g., the “individual liberty” of libertarians and the “equality” of liberals), the conservative perspective seeks to ground its thinking in the sometimes complex and conflicting realities of life, using prudence as its ultimate guide in crafting public policy based on these realities.
A string of recent reports on taxes provide a good case study in what this looks like, and why it matters.
Two weeks ago, the Tax Foundation – a national think tank that publishes basic information about the structure of federal, state, and local tax systems in the United States – published a report on state business taxes that found Utah had the 10th best business tax climate in the country. Read more