Shubuta, Mississippi – Michael A. Chiaradio, founder of the Center Solutions Party (CSP) and potential candidate for United States Congress in 2026, supports the Mississippi House’s willingness to fix the recently-passed tax bill, aligning with what the Senate originally intended.
On Sunday, Chiaradio said, “Mississippi can’t afford any financial risk right now, especially with Trump working to reduce federal funding that we depend on.”
Chiaradio weighed in after the bill made national headlines for being passed with numerous errors, adding, “I’m glad the House recognizes that there should be safeguards in place and they’re stepping up to correct the bill.”
However, Chiaradio also acknowledged the political nature of the initial decision to move forward without making adjustments. “It’s clear they wanted to maintain business as usual because they had a major event planned. With the Governor, Lieutenant Governor, and the Speaker all gathered in front of an audience, it made sense to stay on schedule and try to focus on what they believe are the positives,” he explained.
The Federal Difference: Smart Tax Policy for a Weakening America
Chiaradio argues that federal tax policy must be approached differently than state budgeting because wealth and income are increasingly concentrated in ways that weaken the country. He believes the current income tax system, if implemented correctly, is one of America’s biggest financial assets.
“People underestimate how valuable our progressive income tax system is. Like trade policy, tax policy is dynamic. You have to constantly reassess and adjust to make it work for the modern economy,” he said. “The power is in the flexibility but you also can’t be too progressive.”
Unlike the States, the Federal Government is much better positioned to carry debt, and Chiaradio believes deficit spending can be an important tool when used strategically.
“People make too much of the national debt. The goal shouldn’t be to eliminate it overnight. We should just manage it intelligently and trend it downward over time,” he explained. “Like in business, smart deficit spending can fuel growth and pay off in the long run.”
Eliminating the income tax in favor of a VAT would strip away crucial flexibility in our tax system, disproportionately placing the burden on those who can least afford it. This move would exacerbate economic inequality and stifle growth.
Chiaradio takes a pragmatic view of money itself. “The best kind of money has no intrinsic value, it’s just a medium of exchange for goods and services,” he stated. “A nation’s wealth isn’t about how much currency it has; it’s about the social and economic outcomes it creates. That’s why people can have a lot of money in a poor country – and still be poor.”
The GOP Proposal to Eliminate Federal Income Tax: A Regressive and Reckless Idea
Chiaradio strongly opposes Republicans who discuss replacing the income tax system with a Value-Added Tax (VAT) or a similar consumption-based tax. “This would be one of the most economically destructive policies we could adopt,” he warned. “It’s not that the system doesn’t work, in theory, but it’s way more regressive than our economy can handle right now. Remember, ancient Rome fell, in part, because they taxed the poor in favor of the rich. We shouldn’t copy that.”
Support a Leader Who Understands the Big Picture
Michael A. Chiaradio is ready to lead! If you want a leader who understands how the modern economy works and who isn’t afraid to challenge bad ideas from both parties, now is the time to act!
Michael A. Chiaradio has the strategy, intelligence, and boldness to push America forward.
But he needs your help to make it happen!
