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The following principles guide AARP’s efforts to further budgetary decisions that reflect the needs of all members of society.
Taxation is the primary way governments fund essential programs and services. The following principles support this goal while also ensuring equity in how revenues are raised.
Maintaining trust and confidence in the government requires strong democratic processes and government institutions.
Government budgets reflect the priorities of policymakers. They specify what programs and activities the government will support and how to raise the money needed to fund them.
Policymakers should enact and update public financing systems for elections. This includes increasing matching funds, particularly for small donations.
Policymakers should establish and enforce uniform standards to safeguard the integrity of the electoral process.
Policymakers should encourage and promote maximum participation in the electoral process.
Federal legislation should provide a minimum level of consumer protections. It should preserve states’ ability to provide additional protections to consumers.
Regulators should ensure robust consumer protections in the financial marketplace. They should provide effective oversight of the financial industry.