Bruce Bartlett on Where the Right Went Wrong<quoted text>
You can never explain that to a Democrat. They hold the palms of their hands to their ears and sing aloud.
Liberals don't believe in trickle-down. I don't mean trickle-down economics, I mean trickle down taxation. The big guy never pays. He passes the buck to all us little guys, but it's the little guys who support more taxation on the big guys. Economic ignorance. When the big guy can no longer pass the buck, he moves taking his corporation with him and everybody loses.
February 10, 2012
In this Moyers & Company segment, Bill Moyers talks with conservative economist Bruce Bartlett, who wrote “the bible” for the Reagan Revolution, worked on domestic policy for the Reagan White House, and served as a top treasury official under the first President Bush. Now he’s a heretic in the conservative circles where he once was a star.
Bartlett argues that right-wing tax policies — pushed in part by Grover Norquist and Tea Party activists — are destroying the country’s economic foundation. When he called George W. Bush out as “a pretend conservative” in his book Impostor: Why George W. Bush Bankrupted America and Betrayed the Reagan Legacy, Bartlett was fired from his position as a senior fellow at a conservative think tank. His new book is The Benefit and the Burden: Tax Reform — Why We Need It and What It Will Take.