Jeff Jarvis characterizes tax cuts:
George Bush (following in the footsteps of Reaganomics) made a politically cynical tax cut when he came into office, cutting taxes but not cutting spending and instead borrowing so he could cut those taxes. He gave away money to voters, money he didn’t have. He borrowed money from our children to pay us to curry favor with us. That is political cynicism at its worst; it’s one of my big problems with Bush.[my emphasis]
Whereas the federal government, wherein the House of Representatives initiates all spending and tends to do so in large, unvetoable ominousbus bills, did in fact decide to cut taxes and keep spending, this does not represent giving money to voters. It represents confiscating less.
But then again, Jarvis is not a constitutional scholar or a political scientist. He’s a happening-man-about-the-country.
Of course, I am not any of the above; however, I am a tax payer, or rather, I am someone from whom taxes are taken in my bimonthly pay check.
