THE LAST WORD, MSNBC, June 21, 2011--"You cut taxes and tax revenues increase." President George W. Bush.
Do Tax Cuts INCREASE the amount of money the government receives in taxes? This proposition is now a Republican article of faith.
Here Lawrence O'Donnell interviews Bruce Bartlett, economic analyst in the Reagan White House and Assistant Treasury Secretary for the first President Bush debunks the popular "Tax Cuts Pay for Themselves" myth.
He says, "That is complete nonsense."
Posted By: Richard Kigel
Wednesday, June 22nd 2011 at 9:02AM
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