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March 09, 2005
GOP Jettisons Its Last Supposed Prinicple
We all know that the GOP is useless (or worse) when it comes to controlling spending, regulating, or empire building. However, we can still count on them for tax cuts--right?
Wrong.
According to the Washington Post:
President Bush and Republican lawmakers are being forced to temper their anti-tax ambitions, as the party that consolidated power in Washington by promising to shrink government grapples with the high cost of its efforts to expand the Defense Department and the nation's two largest entitlement programs.
The president's only new tax initiative for the second term -- a broad restructuring of the tax code -- will be crafted in a way that results in a simpler system, not lower taxes, White House aides said.
At the same time, Bush's call for Congress to make permanent all the tax cuts enacted in his first term faces increasingly strong resistance among some Republicans concerned about rising deficits. . . .
And, for the first time in years, Lindsey O. Graham (S.C.) and other Senate Republicans are advocating increasing taxes -- as a way to pay for a restructuring of Social Security. Bush has not ruled out backing the effort.
OK, well, maybe those fellas in Washington are going wobbly on tax cuts, but not the fine Republicans in state government. Oh, wait . . .
Indiana Gov. Mitchell E. Daniels Jr. (R), Bush's budget director in the first term, recently drew the wrath of conservatives by proposing a 29 percent increase in the state income tax rate on the richest residents. Republican governors in Colorado and Alabama have championed tax boosts as well.
(Thanks to the LewRockwell.com blog for the link.)
Posted by Mike Tennant at March 9, 2005 02:20 PM
Comments
Nah. They did that a long time agoooooooo.
Posted by: Ali_Massoud ![[TypeKey Profile Page]](http://www.strike-the-root.com/blog/nav-commenters.gif){kind=small}
at March 10, 2005 12:54 PM
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