George Bush: The Biggest Taxer In Historyby Doug Mataconis
The sad truth comes from David Boaz:
The Treasury Department reported Friday that federal revenues reached $2.12 trillion ($2,120,000,000,0000) for the first ten months of fiscal year 2007. In both current and inflation-adjusted dollars, that puts the federal government on course for the most revenue it’s ever collected in a year. Indeed, it’s the most revenue any government in the history of the world has ever collected. And yet it’s not enough to satisfy the voracious appetites of the spenders in Congress and the administration. Spending was $2.27 trillion for the same ten months.
It seems safe to conclude that George W. Bush will go down in history as the biggest taxer and the biggest spender ever.
I suppose congratulations are in order Mr. President, you screwed us over better than anyone else ever could.