Tax Relief Is Not "Spending" Unless You Assume Your Money is the Government's First

Jim Gilmore

Townhall - Though the bi-partisan deficit commission put forward some good and thoughtful ideas in its final report, it also endorsed a mix of spending cuts combined with tax increases. And of course the President weighed in during a major speech on deficit reduction last week. He managed to score a perfect 10 in rhetorical gymnastics by labeling the Bush-era tax relief as “spending” in the tax code. Are there special interest tax breaks that should be eliminated in favor of lower, simpler and fairer tax rates? Absolutely. But referring to tax cuts as “spending” is immoral and offensive. It’s an assumption that your money is the government’s first. This false choice—that we cannot rein in spending without raising taxes—is showered on us as time runs short. Tune it out. We need spending cuts and growth, not higher taxes. Read full column here: News New Mexico

Tax Relief Is Not "Spending" Unless You Assume Your Money is the Government's First