Fred Thompson Writes about the Bush tax cuts

You can read what Fred Thompson says about the Bush tax cuts, and his view on taxes here.

Some highlights:

Perhaps the most fascinating thing about this success story is where the increased revenues are coming from. Critics claimed that across-the-board tax cuts were some sort of gift to the rich but, on the contrary, the wealthy are paying a greater percentage of the national bill than ever before.

The richest 1% of Americans now pays 35% of all income taxes. The top 10% pay more taxes than the bottom 60%.

That doesn’t sound like anything I have ever heard in the mainstream medis before. It doesn’t fit their agenda.

Now, as before, politicians are itching to fund their pet projects with the short-term revenue increases that come from tax hikes, ignoring the long-term pain they always cause. Unfortunately, the tax cuts that have produced our record-breaking government revenues and personal incomes will expire soon. Because Congress has failed to make them permanent, we are facing the worst tax hike in our history.

Putting pork in order to get re-elected ahead of the long term good of the national economy, sounds like a sound plan doesn’t it?

To face these challenges, and any others that we might encounter in a hazardous world, we need to maintain economic growth and healthy tax revenues. That is why we need to reject taxes that punish rather than reward success. Those who say they want a “more progressive” tax system should be asked one question:

Are you really interested in tax rates that benefit the economy and raise revenue–or are you interested in redistributing income for political reasons?

I love that last question, redistributing income, taking from the working class to give to the people who don’t want to work. Sounds like socialism, doesn’t it? That’s because in their hearts Democrats are socialists.