One of the factoids that has rattled around in my brain for a while is that until Bush and his cronies came into power no major political party has ever sought to cut taxes for rich people when the nation is at war. I wondered why the Dems aren’t pounding that drum every chance they get. It turns out that Matt Miller has entertained the same thoughts and lays them out beautifully here. He notes that such tax cuts for the rich are “grotesque” and “obscene.” I heartily agree.
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Liberals never seem to be able to figure out tax rates versus tax receipts. Kennedy, Reagan and W figured it out. They cut the rates and the revenue to the Federal Govt. went up. Now Tom, that is not difficult to get your mind around if you are able to read history and think logically.
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