Socialism and communism are merely varying degrees of Marxism. While I don't like the massive amounts of spending that this administration is doing and I am adamantly opposed to his Medicare drug giveaway, I wouldn't label him a socialist. I would prefer "borrow and spend" to "tax and spend" because - like I said before - once the government puts a tax in place, it doesn't go away. Emotional appeals about burdening our children with debt is hyperbole.
Addressing the question, "Is Bush a Socialist?", from the Communist Manifesto, there is a list of ten things that should be put in place for a country to be considered communist and/or socialist. Do these questions look like the agenda of this administration or of the current Democratic party?
1.Abolition of property in land and application of all rents of land to public purposes.
2.A heavy progressive or graduated income tax.
3.Abolition of all right of inheritance. (ie. Inheritance or Death Tax)
4.Confiscation of the property of all emigrants and rebels.
5.Centralisation of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.
6.Centralisation of the means of communication and transport in the hands of the State.
7.Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan.
8.Equal liability of all to labour. Establishment of industrial armies, especially for agriculture.
9.Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country, by a more equable distribution of the population over the country.
10.Free education for all children in public schools. (and only public schools. No school vouchers, no homeschool tax breaks, no school choice for parents).
Why? The money has to be paid back with interest one way or another.
I wouldn't label Bush a socialist. I'm just calling him a spendthrift. And I don't think there's anything conservative about passing the costs of present spending to future generations, ESPECIALLY when that means going into hock to a Communist nation (yes, they are still Communists). This is arithemetic, not hyperbole.
Also, one could point out that Reagan cut taxes and Bush cut taxes, so your point that taxes never go away is incorrect on its face.