[spinestein]

"He's got a point about our obscene deficits? Why doesn't Bush have the least bit of fiscal discipline or conservative values when it comes to Big Stupid Government?"


When they criticize our "obscene deficits" they are not suggesting we limit the growth of government spending. They think we should just jack up the tax rates, especially on the rich. To them, a forty percent marginal tax rate on someone who makes 300,000 dollars a year is obscene. 60 or 70 percent would be more reasonable. If you think this is exaggeration just look at the tax rates in the EU countries.

[Hank Rearden]

When they criticize our "obscene deficits" they are not suggesting we limit the growth of government spending. They think we should just jack up the tax rates, especially on the rich.

Yes, I know that. But nonetheless, the deficits under Bush are obscene and inexcusable, except by those who willingly blind themselves to what's going on.

And with Bush's "free" pill vote-buying scam and other liberal spending initiatives he's approved, the situation is going to get much worse. "Tax cut" is the wrong label to apply to deferred taxation - that's all they are if you're unwilling to slash Big Stupid Government spending.