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Daniel J. Mitchell - Higher Taxes Mean Bigger Government, not Lower Deficits

Via finance.townhall.com/home » Submitted On Mon, 11/26/2012 - 6:06am by Buster Bunker

President Obama and other statists in Washington want a big class-warfare tax hike . They claim the additional revenue is necessary to reduce red ink. But their ideological crusade is based on some blatant distortions. In other words, the Obama tax hike will make government bigger, even if some naively support the tax hike because they want smaller deficits.

Comments

Washington has a spending problem. Tax cuts don't increase deficits anymore than tax increases decrease deficits. Deficits are decreased by spending less. I wonder how many of the folks who quote this nonsense have ever budgeted their own money.

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1 year 8 months ago

Good post!

1 year 8 months ago

Thanks'! Somebody has to point to the truth, and anybody who has been around for over 40 years knows this to be true. Even if they moderately paid attention to Washington, and I am unique like this. I was a government and civics class nerd! Along with a bit more on my personal resumé.

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1 year 8 months ago
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High tax increase will worse more and will crash our economic. Let start a lower middle class then help economic back up.

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1 year 9 months ago
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