The Elite will not allow a third party which they cannot control. They will keep things just as they are and under their complete control. That is why, even though they voice different things, the Republicans and Democrats always seem to go in the same direction.
Pay more taxes for a depressed standard of living. They will talk about a balanced budget and have been for years, but never cut spending (only dreamed future spending in ten years that never happens). What happened under Reagan? "The government is too big", but then it grew some more. The government must always grow in power and scope, that is the way it is, and your wealth and freedom slowly erodes. You are on the "road to serfdom".