Libertarian ping! To be added or removed from my ping list freepmail me or post a message here.Libertarian ping! To be added or removed from my ping list freepmail me or post a message here.A 10% across the board cut in spending would have the government back in the black. A 5% cut in spending would have the government close to a balanced budget.
Once again, Bush proves that lower tax rates result in higher tax revenues,
AND
that the left isn’t really as interested in tax revenues as they are in CONTROLLING YOUR LIFE.
Because taxes were reduced tax revenues went up. I would think that collecting THAT kind of revenue is far preferable to collecting income tax revenues.
The figures may be correct but the thinking is wrong. There appears to be no spending blame for Congress?
Stupid title. Debt does not equal taxes. Debt can be defaulted. Debt can be devalued. Debt can be paid with land.
Debt does not have to be paid by inevitably raising taxes.
GWB cut tax rates. Calling him the biggest taxer will put the wrong idea into the heads of the gullible, which is irresponsible...yet typical of 3rd Party nonsense.
One of the most deceptive headlines I’ve seen.
who are the y kidding? Bill Clinton is the one. He passed the telephone tax by Presidential decree instead of going to Congress.
Yeah, and I'm older now than I've ever been in my entire life.
Two statements that are equally true, and equally stupid.
David Boaz: the biggest ass-taxer in Libertarian wonk history.
By the way..........Congress spends the money. Without them, the President could spend anything. He just never vetoed any of the Bills.
That would only be true if (1) no President in the future ever increased the federal budget and if (2) the US economy never grows larger than its current size.
Boaz is a moron.
Nice spin...
I hope they can also put 2 and 2 together and figure out that his TAX CUTS stumulated the economy, and then created more revenue
Nothing like a misleading headline. Bush gave us tax cuts. Revenues are up because the economy is doing well.
Should we cut spending? Absolutely. But the Cato Institute doesn't do much for its credibility by allowing this blogger to post these kinds of nonsensical headlines.
Aren’t taxes and spending controlled by Congress?
True by any measure except percentage, but soon to be outstripped by the next Admin.
Hmm, since the president cannot impose a tax and cannot spend without congress' earmarking the money, I'm not sure how you'd say it was all his fault.
Bush43 will never be confused with a limited government conservative. Its fiscally responsible to cut taxes, but if you don’t cut spending at the same time, government will continue to grow. Those increased revenues have only fed the bloated federal bureaucratic spending beast. The Feds are on the verge of spedning 70% of the annual budget on social welfare state programs. Dubya`s trillion dollar liberal prescription drug entitlement program has been a driving force towards a more expansive federal bureaucracy.
The Democrats tax raising plans will not only result in less tax money collected but will put a huge drag on the economy. Their energy taxes alone will boost gasoline prices and produce long lines at the pumps. Hillary’s socialized medicine plan will cripple the US economy and lead to worse not better health care. Question is who will Democrats blame when all this hits the fan and they are the cause?