Written by Allen West on November 16, 2013
The Office and Management and Budget (OMB) is expecting record Fiscal Year 2014 tax revenues of $3 trillion, the highest in our history. So, why is it that Democrats continue to talk about raising taxes for more revenue?
Government spending is increasing and our debt has breached $17 trillion, with close to $7 trillion in new debt over the past five years. The only reason our deficits are declining is because of the sequester cuts — which President Obama claimed would bring forth Armageddon. Of course he takes credit for the smaller deficits.
Just consider what would happen for economic growth if we reduced the tax burden on Americans. The choice for our elected officials is whether they covet more of our resources for their wasteful government spending or would prefer to create a free market economic boom.
Right now, our economy…
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