The cutting-taxes lie

Stop Coddling the Super Rich. I agree Mr. Buffett.

 ... a net of nearly 40 million jobs were added between 1980 and 2000. You know what’s happened since then: lower tax rates and far lower job creation.

Reagan's Deficit Dreamscape. Thanks Bonzo. And Reagan raised the debt ceiling 18 times. Thus Reagan the Republican demigod, is also the god of Mt. Increased-National-Debt.

When Reagan became president -- and began to cut taxes -- the federal deficit was 2.5 percent of the national economy. When he left, eight years later, the deficit was 5 percent of the economy. Interest payments on the debt jumped to $169 billion in 1988 from $69 billion in 1981. At the time, those were astonishing numbers, and they have exploded since.

The state and federal Republican hypocritical leadership make all these claims for smaller government and less taxes. But they know full well, that the tax burden on the American taxpayer will remain the same or increase as their policies will only force local government to raise taxes and fees. In the last few months my city water rate increased, as did the local school district tax rate, and now my county property taxes increased 18%! 


WTF?