Saturday, January 06, 2007

They're Lying or They're Stupid!

by Little Duke...

The Democrats are pulling a fast one on the American people and hoping we don’t notice. I’m talking about the Democrat House passing a rule requiring tax cuts to be offset by spending cuts. On the surface, this may seem like a good idea, but Politicians are counting on the American people to ignore two key facts about this hollow rule.

The first idea they want us to forget about is that they call tax cuts a type of Government spending. Put another way, Government sees your income as theirs and allowing you to keep more of what you earned is “spending” in Washington speak.

The vastly more important issue that Politicians are hoping you don’t realize is that tax cuts don’t cost the Government any revenue. For every tax cut in the last 50 years, we have actually seen the tax revenue go up. It was true for Kennedy, Reagan and now true for Bush. The dirty little secret is that tax cuts spur the economy and cause tax receipts to explode. Any budget problems we have are caused by politicians spending too much, not a decrease in tax monies. The Democrat led house is hoping the American people are unaware of this fact because it doesn’t allow them to play the wealth envy card. Or maybe they are painfully ignorant of the facts. Either way, when it comes to this House rule they’re lying or they’re stupid.

Little Duke

(NOTE from Duke: For those not familiar, my son sometimes posts on this site, and this is a great piece I really liked!)