Repug Lies on Tax Cuts - and the Facts to Fight Them

From Jon Perr at Crooks and Liars, a powerful weapon:

So it's come down to this. On Saturday, David Stockman, the legendary Reagan budget chief who presided over the Gipper's supply-side tax cuts, announced that the "debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts." The next day, the former Fed chairman Alan Greenspan, who famously helped sell the 2001 Bush tax cuts to Congress, declared them simply "disastrous."

Sadly, Stockman and Greenspan are just about the only voices in the Republican Party speaking the truth about the fiscal devastation wrought by the expiring Bush tax cuts. After all, the national debt tripled under Ronald Reagan, only to double again during the tenure of George W. Bush. And as it turns out, the Bush tax cut windfall for the wealthy accounted for almost half the budget deficits during his presidency and, if made permanent, would contribute more to the U.S. budget deficit than the Obama stimulus, the TARP program, the wars in Afghanistan and Iraq, and revenue lost to the recession - combined. Of course, you'd never know it listening to the leaders of GOP.

And that's just the beginning. Here, then, are 10 Republican Lies about the Bush tax cuts:

Lie #1: Democrats Plan Across the Board Tax Hikes on January 1st
Lie #2: Democrats Want a $3.8 Trillion Tax Increase
Lie #3: Tax Cuts Pay for Themselves
Lie #4: The Bush Tax Cuts Didn't Add to the Deficit
Lie #5: Expiring High Income Tax Cuts Will Hurt Small Business
Lie #6: The Estate Tax Devastates Small Businesses and Family Farms
Lie #7: The Bush Tax Cuts Helped All Americans
Lie #8. Extending Bush Tax Cuts for the Wealthy is the Best Way to Stimulate the Economy
Lie #9. Bush Tax Cuts Produced 52 Straight Months of Job Growth
Lie #10: The Rich Pay Too Much in Taxes Already

For the details, data and charts for each, read the whole thing.

Then call and email your members of Congress and tell them to let the bush tax cuts for the rich expire.