"Andy McCarthy’s Tax “Knowledge”"
Andy McCarthy writes, in what I understand is not an April Fool’s Day post, that:
We know that lowering marginal tax rates can increase federal revenue, but it’s clear that the President won’t cut taxes (not even for “95 percent of Americans”). So we need a Plan B.
Every time I read this kind of thing I wonder: Why on earth does McCarthy think that Obama is stubbornly refusing to cut taxes when doing so would raise revenues? Tax cuts are broadly popular, and with the increased revenue Obama could reward his supporters in the public employees’ unions. Shouldn’t AFSCME, NEA, and AFT be constantly clamoring for lower taxes and higher revenues? I mean, how stupid are we supposed to believe Democrats to be? They’re just all in the pocket of big accountant, I guess.