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Cut the top corporate income tax rate for from 35% to 25%, enabling American businesses to better compete with their European counterparts.

Make permanent the tax credit for research and development.

Extend the 15% capital gains rate to corporations and small businesses.

Finally, the RSC recognizes that the U.S. cannot spend its way toward economic recovery. Just as American families are being forced to cut back and live within their means, so must the federal government. That is why the RSC plan calls for a "down-payment on spending restraint" -- a one-percent reduction to FY 2009 discretionary spending, excluding defense, military construction and veterans' affairs.

It is yet to be seen whether the RSC plan will see the light of day in a Congress that is dominated by too many politicians who, in normal times much less during an economic recession, need little excuse to spend our hard-earned taxpayer dollars. I wouldn't hold your breath. Then again, it is President-Elect Obama who has promised us a bipartisan tone in Washington and who said time and again on the campaign trail that he believes in a "bottom-up" approach to tackling the nation's problems.

If that is truly the case, what better way to show it than to work with the RSC to get government out of the way and trusting America's people and private enterprise, not the federal government, to get us back on the right track?

How does that old maxim go? Oh yeah! "Government doesn't create wealth; it either redistributes it or destroys it."

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Jeffrey Mazzella is President of the Center for Individual Freedom (www.cfif.org), a constitutional and free-market advocacy organization with more than 250,000 activists and supporters nationwide.

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Note -- The opinions expressed in this column are those of the author and do not necessarily reflect the opinions, views, and/or philosophy of GOPUSA.

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