First and most importantly, you can dispense with the sanctimonious balloon juice that Democrat politicians care about the federal deficit. Senate Democrats obviously don’t, since they insisted on larding the Clinton tax compromise with all sorts of targeted tax breaks for favored constituencies, after weeks of bleating that refusing to raise taxes was “irresponsible” because it would increase the deficit. No one who paid the slightest attention to the actions of Democrats since they took control of Congress in 2006 would believe they view deficit reduction as a priority, but here’s a fresh reminder. The deficit is only meaningful to the Left when they can use it as a club to beat down resistance to tax increases.
This leads to the important myth about tax reduction causing deficits. No belief is more crucial to the Democrat voter. It’s a lie, and giving it up is like unplugging themselves from the Matrix. There have been four major tax reductions since the implementation of the income tax, and every one of them has been followed by increased tax revenue. Yes, that includes the unspeakable Bush tax cuts, as reported in such right-wing propaganda rags as… The New York Times.
Read More...
0 comments:
Post a Comment