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Wednesday, September 20, 2006

As If You Needed Another Reason...


Here's reason #2343971 why the Democrats should never be allowed to be in charge of anything... ever again.
Rangel's accession to the chairmanship of the committee would likely end six years of tax cuts by the Republican- controlled Congress. He said he ``cannot think of one'' of President George W. Bush's first-term tax cuts that merit renewal.
Uh... um... then how does he explain this?
US corporate tax receipts hit another record high in the third quarter, reflecting the strength of the US economy and the positive effects of President George W. Bush's tax policies, the Treasury Department announced on Monday.

According to a statement by Treasury Under Secretary for Domestic Finance, Randal K. Quarles, corporate tax receipts on Friday's quarterly payment date again reached a record high, with gross receipts on that day the highest ever recorded in a single day in US history, at $85.5 billion. This is 20% higher than receipts on the same quarterly tax payment date last year.
The same article points out that this year's deficit is $111 billion less than projected. (ok... no one is happy with deficit spending, but we're at war. It happens.)

The problem is that Democrats will always believe that they know how to spend our money better than we, the citizens of the United States, do. But, as the tax receipts show, they're wrong. As usual.



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