Democrats For Tax Cuts
March 5, 2001
Sen. Zell Miller (Ga.) is receiving heat from fellow Democrats for sponsoring President Bush's tax cut plan, including across-the-board tax cuts. But even among Democrats elected to federal office, he is not alone. The Democratic Party has a long history of supporting significant tax cuts, including those for the so-called rich, as the following quotations show.
"There is a point at which in peace times high rates of income and profits taxes discourage energy, remove the incentive to new enterprise, encourage extravagant expenditures and produce industrial stagnation with consequent unemployment and other attendant evils." -- Woodrow Wilson, State of the Union Address. December 2, 1919.
"Taxes are paid in the sweat of every man who labors because they are a burden on production and are paid through production. If those taxes are excessive, they are reflected in idle factories, in tax-sold farms, and in hordes of hungry people, tramping the streets and seeking jobs in vain. Our workers may never see a tax bill, but they pay." -- Franklin D. Roosevelt, October 19, 1932.
"The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the deterrents to private initiative which are imposed by our present tax system; and this administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes to be enacted and become effective in 1963. -- John F. Kennedy, speech to the Economic Club of New York, December 14, 1962.
Source: Bruce Bartlett (NCPA), "Democrats for Tax Cuts: The Record," American Spectator online, March 2, 2001.
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