Thursday, April 12, 2007

Tax Cut Majic

Remember when the democrats told us that Bush's tax cuts were irresponsible, that we were spending too much and needed a tax increase? Well, of course, they were wrong, again. The tax cuts have as usual lead to increased economic activity and increased federal revenue. Over at American Thinker they have a nice go at this in an article called "Missing headlines."

""Budget deficit continues sharp decline." You probably haven't heard that the budget deficit is down sharply, and that federal tax revenues are soaring in the wake of the Bush tax cuts fostering increased economic activity (aka, prosperity)."

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