Issue Position: Free Markets

Issue Position

Eliminate all government regulations that restrict free trade of goods and services beyond those specifically necessary to protect free trade and the public from unscrupulous practices.

In Texas -- The legislature should reduce federal regulatory impact on Texas liberty and free enterprise by assuming and enforcing 10th Amendment protections via state coalitions, interstate compacts, legislative action, and the courts; the TX Legislature should adopt laws requiring our Attorney General to file suit in federal court to exercise our 10th Amendment rights in specific areas.

The Texas legislature should also encourage free markets by ending Corporate Welfare, Crony Capitalism, and Central Management of the Texas Economy. I agree with the TEA Party Caucus Advisory Committee, "Our legislative priorities include elimination of the Texas Enterprise Fund and the Texas Emerging Technology Fund. Moreover, the Special Events/Major Events/Texas Events Funds, which are an extended subsidy for Formula 1 racing and other entertainment venues, should also be eliminated. These state funds mirror the federal government's practice of tinkering with the economy and doling out tax dollars to special interests. Central planning through subsidies is not the proper role of government in a free market society. The state acting in the role of an investment banker or participating in deals as a venture capitalist is not a core constitutional function of state government. State government has no business attempting to pick winners and losers and doling out tax dollars to special interests any more than the federal government does. It is time to end corporate welfare in Texas with a constitutional amendment to support free markets and end crony capitalism. The state of Texas should be prohibited from "investing" tax dollars in special interest entertainment venues and private sector companies under the guise of economic development."

Source