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PostPosted: 12/22/10 3:39 pm • # 1 
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The 9 Biggest Conservative Lies About Taxes and Public Spending

Here are the things the corporate media won't tell you about the tax-cut rhetoric in Washington.
 
It's difficult to know where to begin deconstructing conservative rhetoric on taxes and spending. It's such a central part of their worldview, and yet it's a view informed by a whole slew of falsehoods that have been repeated again and again during this year's debates over the Bush tax cuts, public spending and the deficit. What follows are nine of the biggest fact-free whoppers that conservatives insist are true.

1. Cutting Taxes Leads to More Money for the Government

Conservatives can't say they oppose popular programs on ideological grounds, and they can't admit they're happy to run up huge budget deficits, so they've come up with the fiction that cutting taxes actually brings in more revenues to finance the public sector.

What's especially brazen about this is that it's usually preceded by debate-stifling phrases such as “as everyone knows,â€



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PostPosted: 12/22/10 7:22 pm • # 2 
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In 2007, Sen. John McCain, R-Arizona, said, “Tax cuts, starting with Kennedy, as we all know, increase revenuesâ€


Last edited by macroscopic on 12/22/10 7:26 pm, edited 1 time in total.

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PostPosted: 12/22/10 7:35 pm • # 3 
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Each time taxes have been cut in the past few decades, it's led to a drop in revenues, which is why people like McCain like to go back to the Kennedy era, when cutting the top rate did spur growth and bring more money into the government's coffers.

this is also false.

when top incremental rates were lowered in 1964/65, treasury revenue fell 9%, according to OTA Paper 81.  see page 15.

http://treas.tpaq.treasur...policy/library/ota81.pdf


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