
Eminent Military Historian and Classicist Victor Davis Hanson Weighs In On California’s Fiscal Emergency
This was recently post over at The Corner (maintained by National Review Online):
Cutting Taxes Is Critical [Victor Davis Hanson] The candidates haven’t had much discussion about why they should cut taxes as much as possible. The Bush tax cuts created more, not less, revenue. They were slurred only because spending during the first term vastly outpaced the rate of inflation — in part due to the wars, the dislocations from 9/11, and new entitlements (e.g., prescription drugs, No Child Left Behind, etc) that led to rising deficits. Tax cuts have to be coupled with either spending restraint or cuts, or the additional revenue gained is forgotten when sums far vaster are spent.… Read More