FauxPolitik

Tuesday, August 19, 2003

Quote: Dennis Prager quotes a tax-cutting ideologue:
This administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes . . . I'm not talking about a quickie or a temporary tax cut, which would be more appropriate if a recession were imminent; nor am I talking about giving the economy a mere shot in the arm to ease some temporary complaint. I am talking about the accumulated evidence . . . that our present tax system . . . exerts too heavy a drag on growth . . . that it siphons out of the private economy too large a share of personal and business purchasing power; that it reduces the financial incentives for personal effort, investment and risk-taking.
Yep, it was Kennedy.

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