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Taking your money and giving it to me = tax cut!

April 30, 2010

President Obama likes to say that he has actually cut taxes. State 29 takes a look at his "cuts." Almost all of them are either soon-to-exprire or expired "stimulus" measures or tax subsidies for preferred constituencies. That's the government grabbing your wallet, taking $20 out of it, giving five bucks to a bum, and then bragging about its generousity.

Meanwhile the government is spending at a rate that will lead to either killer tax rates, fiscal collapse, or both. So be grateful for those 'tax cuts' until they come back for them.

Tags: Daniel Shaviro.Obama Tax Policy.State 29.