A friend of mine posted this on my FB wall and I just had to share…
Via Yahoo News:
“God put the Republican Party on earth to cut taxes. If they don’t do that, they have no useful function.”
Columnist Robert Novak was speaking of the party that embraced the revolution of Ronald Reagan, who had hung a portrait of Calvin Coolidge in his Cabinet Room and set about cutting income tax rates to 28 percent.
But, to be historically precise, the GOP was not put here to cut taxes. From infancy in the 1850s, its mission was to halt the spread of slavery. From 1865 to 1929, it was the party of high tariffs. Mission: Build the nation and protect U.S. industry and the wages of American workers.
And if the Deity commanded the GOP to cut taxes, the party has had an uneven record. Warren Harding and Coolidge cut Woodrow Wilson’s wartime tax rates by two-thirds, but Herbert Hoover nearly tripled the top rate.
Under Dwight Eisenhower, when the top tax rate was 91 percent, the GOP ratified the New Deal and provided the tax revenue to balance the budget at the elevated levels of spending 20 years of Democratic rule had established.
Richard Nixon followed suit. Medicare, Medicaid, food stamps, aid to education, the Peace Corps, the arts and humanities endowments, all of the Great Society programs grew — with Nixon adding OSHA, EPA, the Consumer Product Safety Commission and Cancer Institute.
Reagan cut tax rates to 50-year lows, but also accepted new gasoline and payroll taxes. George H.W. Bush then raised the top rate back to 35 percent.
George W. cut tax rates, but put two wars, prescription drug benefits for seniors and No Child Left Behind on the Visa card. Speaker Boehner is about to sign on to higher tax rates.
Point of this recitation: Republicans may talk of reducing the size of government, cutting taxes and balancing budgets. But the history of the last century suggests the party has been driven into what may be described as an inexorable long retreat.
Read the whole thing…
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