He says we've won part of the battle; now it's time to fight the rest of the way.
“Norquist says permanent tax cuts (even though they are only allocated to the majority of the people) mark a victory for the GOP because the Dems had been against ANY Bush tax cuts for years.”
And so, Hitler thought Stalingrad was a victory?
Exponential math is laughing at the GOP, Dims, and the American people. She has her debt club ready to use in an inappropriate way. Get ready cuz it’s coming....and it’s coming hard.
“permanent tax cuts”
The only permanent tax cut - and that would be an income tax cut only, I suspect - would be a repeal of the 16th amendment and insistence that the States follow suit...the idea being that any income tax at any level of government undermines a republican form of government.
The federal government can and should be fully funded via the corporate income tax, tariffs, excises and duties, and maybe dividends/capital gains taxes. The rates of these taxes should be reasonable, not punitive, and intended to fund the legitimate constitutional functions of the federal government. I suspect one could easily fund defense spending, federal courts and foreign affairs with this money. If we want to give money to any other country for any reason, the federal government should take up a voluntary citizen contribution for the purpose.
Of course, without a full audit and reform of the FED, including taking away its power to tax via inflation, income tax cuts are truly almost meaningless.
I need to know full details of what was voted for, as do we all.