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Post by King Rat on Nov 14, 2006 11:32:25 GMT -6
Now that the dems are in power you can expect your taxes to go up. They ran on it and they won on it.
Former Clinton Treasury Seceratary Robert Rubin has already called for the dems to increase taxes.
"You cannot solve the nation's fiscal problems without increased revenues," Rubin, the Democratic Party's leading economic spokesman, said in a speech last Thursday.
He also said, "I think if you were to increase taxes right now, you would have probably about zero negative effect on the economy."
But in 2003 Mr. Rubin predicted that the Bush tax cuts would bust the budget and reduce growth. Now, after the tax cuts grew the economy and increased growth, proving Rubin wrong, he STILL thinks the answer is to increase taxes.
Why can't dems learn from history? Both Reagan and Bush proved that cutting taxes spurns growth and actually increases tax revenue. But dems won't see it and now they want to undo the good the Bush tax cuts have done for our economy.
Did YOU vote to give them that power?
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