skews13
Diamond Member
- Mar 18, 2017
- 9,794
- 12,455
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![Screen_Shot_2017-07-24_at_9.44.25_AM.png](https://images.dailykos.com/images/428060/story_image/Screen_Shot_2017-07-24_at_9.44.25_AM.png?1500914693)
We know we’re 16 years out from the first round of regressive Bush tax cuts, 14 years out from the second round of regressive Bush tax cuts, and 10 years out from those tax cuts failing to secure substantial near-term or long-term growth.
After that, the entire economy collapsed.
We’re five years out from the 2012 election, which Mitt Romney and Paul Ryan lost on a platform of stigmatizing people who don’t make enough money to pay federal income taxes.
We’re four years out from a substantial tax increase (thanks, Obama) that has accompanied a steady economic recovery.
We’re two years out from Kansas’ experiment with regressive tax cuts that bottomed out the state’s revenue base and left its finances in ruins.
We’re one year out from Trump winning the election despite lying constantly, and one month out from donors threatening to cut Republicans off if they don’t make haste with tax cuts.
There is literally nothing in the recent historical record to undergird the claim that supply-side tax policy is a magical economic elixir.
And there’s nothing to suggest Republicans are deluded about this either—after all, even in this golden age of Trumpian deception, Republicans don’t go around gaslighting reporters about the economic miracle in Kansas, or the George W. Bush boom.
Republicans are selling their tax plan on a platform of lies