Economic Prosperity

Having established a reputation for hard work, ingenuity, and self-discipline, the Indian American community is among the most prosperous communities in the nation. This highly educated cadre of professionals and workers have contributed to all areas of the American economy.

In addition, Indian Americans have developed a rich tradition of entrepreneurship, from small corner grocery markets to giant software corporations. IARC is committed to ensuring that Indian Americans have the resources they need to flourish in their professions, operate successful businesses, and achieve their version of the American Dream.

Specifically, the IARC supports:

• Tax reforms to promote economic growth and reduce the tax burden on all levels of personal income

• Voluntary personal retirement accounts to allow individuals to self-invest a part of their social security contributions

• Medical liability reform to make the system more fair and predictable

• Streamlined regulations and incentives for small business owners to invest in technology, machinery, and other equipment to help them expand and create jobs

• Continued federal funding for information technology, telecommunications, biomedicine, and university-funded research and development

• Free trade policies that provide business opportunities and give consumers the most economical choices