Above all, fiscal conservatives are "[[Libertarian|economic libertarian]]" who oppose excessive [[government]] expenditures, deficits, and government debt. In other words, they believe that a government does not have the right to run up large debts and then throw the burden on the taxpayer; the taxpayers' right not to be taxed oppressively takes precedence even over paying back debts a government may have imprudently undertaken. Because of this, fiscal conservatives are the staunchest supporters of balanced [[budget]]s. This belief in balanced budgets tends to be coupled with a belief that [[taxation]] should be low in order to stimulate industrial development. | Above all, fiscal conservatives are "[[Libertarian|economic libertarian]]" who oppose excessive [[government]] expenditures, deficits, and government debt. In other words, they believe that a government does not have the right to run up large debts and then throw the burden on the taxpayer; the taxpayers' right not to be taxed oppressively takes precedence even over paying back debts a government may have imprudently undertaken. Because of this, fiscal conservatives are the staunchest supporters of balanced [[budget]]s. This belief in balanced budgets tends to be coupled with a belief that [[taxation]] should be low in order to stimulate industrial development. |