| As for taxes, while it is true that there are times when liberals might favor a tax break, it is generally true that they want to create more government programs, which means increasing taxes, at least on the wealthy. Indeed, a central tenet of 20th century liberalism is the progressivity of the tax code, both to equalize fortunes through tax policy, and to provide revenue for programs. Furthermore, there is a tendency to be hostile to inherited wealth, and therefore to severely tax inheritances. Indeed, it was James Farley, an advisor to FDR, who originated the phrase "Tax, tax, spend, spend, elect, elect.", which became the basis for the phrase "tax and spend liberal"....... |
