Why do Republicans always promise tax cuts and paint Dems as big taxers while running for office?
Monday, July 20th, 2009
Mac asked:
Painting Democrats as “big taxers’ is the oldest trick in the GOP playbook. Reagan did in against Carter and then came into office and waged a full on war on the poorest of our country with his Reaganomics while pandering to the extreme right social agenda. It is clear he was the grand daddy of the “tickle down Voodoo economics. Then it was George H. W. Bush who said “read my lips: no more taxes” while running against Dukakis. He came into office ran a 4 trillion dollar debt and record job losses,,then raised the gas tax while in office trying to debt relief. Nothing worked until Clinton came in and cleaned up the mess and left office with a balanced budget and a surplus. Then comes G. W. Bush promising tax cuts saying Gore will raise taxes,,and we all know how that story ended. With a hefty $700 billion tax burden and a sky rocketing national deficit. All the while he gave $750,000 average tax cut to the fortune 500 CEOs.
That brings us to McCain,, talking about tax cuts for the wealthy. He is going to increase the $750,000 fortune 500 CEO Bush tax cut. He is also going to tax our health benefits for first time in history and has a plan to buy toxic mortgages at 100% face value so we the tax payers can bail out banks that gave criminal loans and fools who signed up for these criminal loans while using the equity from their houses to buy RVs and go on vacations. How is that not spreading the wealth? Oh, and he is planning on balancing the budget while we are headed to a recession. Did McCain miss economics 101 class? (Obama said he will be working on a deficit till the economic crisis ends) Also he is going to continue this $10 billion/month Iraq war with no ending in sight. His only form of ‘savings’ is cutting ear marks and pork barrel which accounts for less than 1% of the federal budget. Does McCain know how to grow money on trees?
Lynn
Painting Democrats as “big taxers’ is the oldest trick in the GOP playbook. Reagan did in against Carter and then came into office and waged a full on war on the poorest of our country with his Reaganomics while pandering to the extreme right social agenda. It is clear he was the grand daddy of the “tickle down Voodoo economics. Then it was George H. W. Bush who said “read my lips: no more taxes” while running against Dukakis. He came into office ran a 4 trillion dollar debt and record job losses,,then raised the gas tax while in office trying to debt relief. Nothing worked until Clinton came in and cleaned up the mess and left office with a balanced budget and a surplus. Then comes G. W. Bush promising tax cuts saying Gore will raise taxes,,and we all know how that story ended. With a hefty $700 billion tax burden and a sky rocketing national deficit. All the while he gave $750,000 average tax cut to the fortune 500 CEOs.
That brings us to McCain,, talking about tax cuts for the wealthy. He is going to increase the $750,000 fortune 500 CEO Bush tax cut. He is also going to tax our health benefits for first time in history and has a plan to buy toxic mortgages at 100% face value so we the tax payers can bail out banks that gave criminal loans and fools who signed up for these criminal loans while using the equity from their houses to buy RVs and go on vacations. How is that not spreading the wealth? Oh, and he is planning on balancing the budget while we are headed to a recession. Did McCain miss economics 101 class? (Obama said he will be working on a deficit till the economic crisis ends) Also he is going to continue this $10 billion/month Iraq war with no ending in sight. His only form of ‘savings’ is cutting ear marks and pork barrel which accounts for less than 1% of the federal budget. Does McCain know how to grow money on trees?
Lynn