Image Hosted by ImageShack.usImage Hosted by         Right Thinking

                                                                           Conservative Thought and Commentary

HEADLINES:      September 6 - Huge Step Taken by Europe‚Äôs Bank to Abate a Crisis       September 6 - U.S. policy on China sees little progress       September 6 - State Department drops Maoists from terrorist watch list       September 6 - Venezuela Holds U.S. Vessel And Crew On Suspicion Of Arms Trafficking       September 5 - DNC Overrules Delegates, Rams God and Jerusalem Back into Platform       September 5 - Powerful quake hits Costa Rica      

Monday, October 16, 2006

Want to Increase Taxes and Slow the Economy? Vote Democrat

Did you happen to see this story about the federal deficit that came out last week? The story starts out like this:

The federal budget deficit, helped by a gusher of tax revenues, fell to $247.7 billion in 2006, the smallest amount of red ink in four years.
What's that? A "gusher of tax revenues"? How can that be? Didn't Bush give tax cuts to the rich?

Yep, he sure did, and those tax cuts have spurred the economy, created more jobs, and created more income. Now, even though the rich (and the not-so-rich as well) are being taxed at a lower rate, there is more money to be taxed, and federal revenues are increasing! Amazing, isn't it.

The bad news is that these tax cuts are due to expire by the end of 2010. President Bush is, of course, continuing to urge Congress to make these cuts permanent; however, if Democrats were to take control of the House next month, that will never happen. If Democrats take control of the House, you can bet that at least some of the tax cuts will be rolled back, resulting in a slowing economy, and eventually in job cuts.

If that sounds good to you, vote Democrat.


Post a Comment

Links to this post:

Create a Link

<< Home

The Conservative Sites Webring by lazarst
[ Join Now | Ring Hub | Random | << Prev | Next >> ]