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Revenue Facts Blow Up the Obama-Biden Tax Cut Lie

Kenneth L. Wrote: Oct 19, 2012 9:15 AM
GREAT column, Mr. Beauprez! This bar graph illustration of history makes the case for me better than almost anything I've seen. Everybody has a different way of taking in information, so we need to continue to hammer this point, understanding that it is counter-intuitive to many. History is clear, as Thomas Sowell has pointed out many, many times. Tax revenues increase following tax rate reductions. Deficits have continued only because of increased spending. Thank you for this column. Perhaps this will help Republicans learn to "talk."
Kenneth L. Wrote: Oct 19, 2012 9:17 AM
Even David Wessel, a writer for the Wall Street Journal, who should know better, used a negative phrase in a recent column, insisting that a "precept" should be agreed to by politicians seeking bipartisan solutions stating that we wouldn't "pretend" that all tax rate reductions "pay for themselves." I wrote to him taking him to task for not suggesting the correlative precept that we shouldn't pretend that all tax rate increases will bring in additional revenue.

Whenever Republicans – or anyone else – propose a tax cut, Democrats run to the nearest microphone in horror crying about all the revenue it will "cost" the federal government.  Panicked Pols will foretell of massive firings of teachers and policeman, children will starve because school lunches will disappear, and condoms and birth control pills will vanish from Planned Parenthood stock rooms.

Such is the case in these waning days of the 2012 presidential campaign as Barack Obama and Joe Biden rail against the Romney-Ryan plan to lower the tax burden on Americans.  It's not just that Mitt and Paul believe...

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