The Republican Party has historically followed a policy or low government spending and minimal involvement. In its most basic level, the party believes that the government’s role should be kept as low as possible, allowing the private sector and individual citizens to shape the state. The government should only be limited to passing and enforcing regulations to ensure that the citizens’ rights and freedoms remain intact.
As a result, the Republican Party believes in low taxes for all citizens and reduced government spending. Simply, put, the party believes that the government should only collect enough tax to meet the requirements for its essential functions, which include maintenance of national security and basic infrastructure and protection of the citizens against criminals.
The goals and objectives of the Republican Party further illuminate its beliefs on the government’s role and the effect that tax policies have on individuals. According to the party, the money collected and spent by the government belongs to the taxpayers, and these citizens have the right to keep their own money and invest it or use it as they see fit. They believe that tax policies at a state or local level help drive a healthy and strong economy, and not a centralized, federal one.
Despite the fact that tax relief and government spending have been the hallmark of the Republican Party since its inception, there have been some deviations in the past. President Bush’s terms were marked by a sharp and substantial increase in government spending, mostly because of the wars on Iraq and Afghanistan. Similarly, Republicans have opposed reductions in defense spending proposed by the President, as well as the series of sequesters that are to come into effect by the second quarter of 2013.
Over the years, the spending policies of the Republican Party have come under criticism for favoring the rich and driving up the country’s deficit due to a lack of balance in spending and revenue. Nevertheless, the years since the recession have seen the adoption of Republican spending strategies with a cut-down on government spending on most fronts.
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