Re: US Taxes
Even ignoring the details of what exactly has happened to the burden on the middle class etc., I will say that I don't have a problem with tax cuts in principle. It's when taxes are cut but spending isn't also reigned in that I have a problem with. The Economist has repeatedly criticized Bush on this score, and they're about as anti-tax as you'll get in a mainstream publication. When the government is borrowing money year after year, inflation must inevitably result.
|