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Clearly the remaining Democrats know WHY they were rejected by the American people.
Clearly the remaining Democrats know WHY they were rejected by the American people.
They always talk tax cuts and helping the little guy, but it's only talk and never materializes. Dems never met a tax they didn't love.
Clearly the remaining Democrats know WHY they were rejected by the American people.
They always talk tax cuts and helping the little guy, but it's only talk and never materializes. Dems never met a tax they didn't love.
I suppose that's why Obama made the Bush tax cuts permanent and you're an idiot.
It's frequently entertaining to see just what lies the Democrats will come up with to try to explain away their monstrous defeats.Well two of the biggest tax cuts in the modern era were done by Democrats JKF and Carter..
In this case it's a truth combines with a lie. JFK did put a big tax cut into place. But Carter did little tax cutting... and sat back while inflation drove people incomes AND EXPENSES hugely higher. On paper this was a wash - they had more money, but everything cost more.
Except it drove many people INTO THE NEXT HIGHER TAX BRACKET... and there was nothing to balance this loss to their pocketbooks. So the Carter years wound up as a net loss, since many people were paying higher percentages of their incomes in taxes.
One of the things Reagan did, was to index tax rates to inflation, thus eliminating these "automatic" inflation-driven tax increases.
Carter lowered the capital gains tax from the upper 90's to the lower 30's..
Big huge tax cut if you ask me..