Clinton talks tax

Former President Bill Clinton on the federal tax cuts:

The real reason for the tax cuts and their particular design in 2001 and 2003 was ideological, almost theological, the notion that we’re all just put upon by this onerous government of ours taking our hard earned money away and that there’s no such thing as a bad tax cut and no such thing as a good spending program unless it lays concrete or builds a missile. These tax cuts are too small in the short run to do any good and way too big in the long run to avoid serious harm.

(Via Donnie Boman.)


Comments are closed.