Saturday, October 18, 2008

Why Presidential Candidates Won't Tell the Truth About Taxes

People are more willing to somehow resolve the dissonance of lower taxes, lower deficit and more programs than that are willing to accept the truth that to do any of that taxes have to be raised.

Politicians have know this a long time, but in case Barack Obama and John McCain were thinking they might actually want to be truthful and level with the American public during the campaign, they only have to be reminded of the 1984 Presidential Campaign.

In honor of this age old tradition of skirting around the reality that in a situation as we are in, that at least some taxes have to be increased, we bring you Walter Mondale's Democratic Nomination Acceptance Speech from 1984:

Whoever is inaugurated in January, the American people will have to pay Mr. Reagan's bills. The budget will be squeezed. Taxes will go up. And anyone who says they won't is not telling the truth to the American people.
I mean business. By the end of my first term, I will reduce the Reagan budget deficit by two-thirds.
Let's tell the truth. It must be done, it must be done. Mr. Reagan will raise taxes, and so will I. He won't tell you. I just did.


Walter Mondale leveled with the American public. The American public leveled him. Thus, the tax avoidance strategy continues.

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