Raise taxes to cut government?
So much for the starve-the-beast theory whereby cutting taxes leads to smaller government. Our two leading tax-cutting presidents, Ronald Reagan and George W. Bush, advocated that theory, then expanded government with borrowed money. Clever fellows.
Another theory based on the “fiscal illusion” effect holds that raising taxes is a more effective way to contain government than cutting them.
I discuss that thinking in my new column:
RAISE TAXES TO CUT GOVERNMENT?
Tags: Democrats, economics, Republicans, taxes
I get it, Rush Limbaugh doesn’t like me
There are too many things to do on this glorious Sunday for me to linger on a response to an exchange on Friday’s Rush Limbaugh Show that questioned my honesty and work ethic, not to mention my intelligence.
To country boy, all I can say is, “Aw shucks.”
Anyone wanting to know what I wrote can read it here.
BTW, 2000 is not a great year to assess the revenues raised off the dot-com bubble. The dot-com market crashed that March.
Tags: media, Rush Limbaugh, taxes
