John McCain for President Message Board

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Politics : John McCain for President

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To: Dan B. who wrote (5457)	10/30/2008 7:48:34 PM
From: RetiredNow	Read Replies (2) of 6579

Wrong. The tax cuts were projected to cost $4 trillion from 2004-1014, or $400 billion per year. cbpp.org Our deficits have averaged about $400B per year since 2004. en.wikipedia.org We wouldn't have deficits if there had been no Bush tax cuts. We have to stop pretending that tax cuts increase tax revenues. They simply do not. It's simple math. If you cut taxes, but do not cut spending, you will run deficits. That's what Bush did. Rolling back the tax cuts is not socialist. It's called responsible fiscal governance.

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