Why Tax Breaks Aren’t Enough

Since the Reagan days, conservatives have regularly emphasized how beneficial tax breaks are for the economy. And don’t get me wrong, I’m all for cutting taxes. But what many people don’t get is that the beloved Reaganomics were heavily weighted toward deficit spending. You can’t reduce what you’re taking in and increase what you’re putting out without going into debt. Democrats are upset that Republicans recently cut tax revenues by about 300 billion dollars. That seems like a lot Read more […]