Sunday, October 2, 2011

Memo to GOP: Shifting the tax burden 20 years down the line is not a commitment to low taxes

‎As the economist Tyler Cowen succinctly notes in his op-ed Antitax Ideas Could Have Unintended Results, "Promising never to raise taxes, without reaching a deal on spending, really means a high and rising commitment to future taxes." 

Every GOP candidate is promising no new taxes for my parents generation via a direct commitment to high taxes on the next generation. Shifting your tax burden to the future is the very definition of not taking personal responsibility--everyone under the age of 40 needs to ask "why should I pay your tax bill in 20 years?"

The worlds a complex place, and the GOP doesn't have any presidential candidates willing to fess up to the base of their party.

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