Bush: The Biggest Taxer and Spender In Human History
"It seems safe to conclude that George W. Bush will go down in history as the biggest taxer and the biggest spender ever,"says David Boaz of the Cato Institute.
Boaz, writing in Cato's blog, notes that federal revenues reached the incomprehensibly huge amount of $2.12 trillion ($2,120,000,000,0000) for the first ten months of fiscal year 2007.
That is, quite simply, the largest amount any government in all of human history has ever seized from taxpayers.
And yet, incredibly, Bush and Congress managed to spend even more than that. Spending was $2.27 trillion for the same ten months.
The war in Iraq, while a contributor, is not the root problem. Government spending is simply running amok, Boaz notes, "on everything from earmarks to entitlements to war."
(Source: cato-at-liberty.org ) |
