Like many other issues that Progs Democrats enjoy re-writing history about, see KKK and Democrat Party or George Wallace Democrat Governor, the insufferable Democratic Party advocates are effectively selling a very specific false narrative and NOT being challenged.
For more than a week I have watched, read, listened to and absorbed multiple Democrat Politicians and Pundits/Pollsters selling a story that President George W Bush’s tax cuts increased the deficit. THIS IS FLAT OUT FALSE.
It is not a conversation/talking point using semantics, parsed words and/or phrases; no, quite the opposite, they are selling this specific talking point as if it is an irrefutable truth. AGAIN, IT IS FLAT OUT FALSE.
The “2003 Jobs Growth Tax Relief Reconciliation Act” commonly known as the “Bush Tax Cuts” became effective for the 2004 fiscal year. The Democrats charge that the Bush Tax Cuts reduced tax revenue is, actually, an outright lie. Take a look at “Revenues” or how much money has come into, or been withheld from the Government because of Bush’s Tax rates. The Bush Tax Cuts (“Jobs and Growth Tax Relief Reconciliation Act of 2003“) were signed into law on May 28, 2003, just months before the start of the 2004 fiscal year. The results — in terms of real revenue to the U.S. government — were stunning.
Look at how revenue grew in Fiscal Year(s) 04′, 05′, 06′, and 07′.
According to the OMB’s own figures, the Bush tax cuts resulted in an explosion of revenue to the U.S. government. Get that? The governments own non-partisan accounting office state unequivocally the Jobs and Growth Tax Relief Reconciliation Act of 2003 brought more revenue into the treasury (look at chart).
The Bush Tax Cuts did not reduce revenue, they INCREASED revenue. P.E.R.I.O.D.
Please work diligently to push back against these lies. The Bush Tax Rates did not increase the deficit. They brought more revenue to the government. They reduced the deficit.
That’s not to say President Bush wasn’t a profligate spender, he was; and that is where a lot of fiscal conservatives became extremely angry with President Bush. But in virtually no cases were Democrats arguing that he spend less (unless you count national security).
