AT first, the Bush tax cuts WERE to stimulate the economy. When it became obvious that the recession was just a minor downturn that quickly reversed, the tax cuts were because "It's YOUR money!"
"On Feb. 6, 2000, while campaigning in Durham, New Hampshire, candidate Bush explained his philosophy on taxation just about as plainly as a politician can.
usgovinfo.about.com
"If there's a recession it's important to cut taxes to make sure the economy grows. . . . It's also important to cut the taxes where there's times of plenty. . . . It's important to cut the taxes to make sure Washington, D.C., does not spend the surplus. . . . This is not only no new taxes. This is tax cuts so help me God." -- George W. Bush, Feb. 6, 2000
On Dec. 16, 2000, while announcing some new White House staff members, President-Elect Bush again vowed to stick by his campaign pledge to cut over $1.6 trillion in taxes over the next ten years."
Republicans see tax cuts as answering EVERY question and the solution to every problem. Sort of like Jesus that way! |