Monday, April 20, 2009

THAT BIG 95% GETTING THAT BIG BIG TAX CUT

From The Other McCain:

Senior White House adviser David Axelrod on Sunday suggested the "Tea Party" movement is an "unhealthy" reaction to the tough economic climate facing the country. . . .
"I think any time you have severe economic conditions there is always an element of disaffection that can mutate into something that's unhealthy," Axelrod said. . . .
"The thing that bewilders me is that this president just cut taxes for 95 percent of the American people," Axelrod argued.
Let me explain something to you, David Axelrod: Obama and the Democrats didn't "cut taxes" in a way that will stimulate economic growth. They didn't reduce or eliminate the capital gains tax. They didn't reduce or eliminate the corporate tax. Most of all, they didn't reduce the top marginal rate.

The stupid "targeted tax cuts" approach that Democrats have been pushing for the past 15 years -- check this box on your 1040 and add an extra few hundred bucks to your refund -- does nothing meaningful to stimulate growth. The fact that
most of that money is going to people who don't pay income taxes anyway means that it is, in fact, a welfare giveaway, not a tax cut.

What you, David Axelrod, don't understand is that those of us who support a growth-oriented economic policy aren't in favor of tax cuts on a "more-money-for-me" basis. It's not about who gets what, it's about increasing prosperity by expanding liberty. But Democrats are so narrow-minded that they don't even grasp the concept.

Let's review, shall we?

don't want socialism? Unhealthy
don't want generational theft? Unhealthy
don't believe trillions in debt will solve debt? Unhealthy.

If you live in Happy Gumdrop Land.

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