The Sad Death of the Pro-Growth Democrats

We’ve mentioned that not ONE Democrat in the House or Senate voted for the Trump tax cut. How sad and dangerous that in the entire Congress there is not one member of the Left who supports growth through lower taxes.

It wasn’t always like this. The chart below shows there were huge numbers of Democrats who voted for the JFK/LBJ tax cuts in 1964 (it was mostly Republicans who voted against that!). Many Democrats also voted for BOTH of Reagan’s tax cuts, that lowered the top tax rate from 70% to 28%.

The vast majority of Democrats voted for the Clinton capital gains tax cut from 28% to 20%, that stimulated investment spending and INCREASED revenues.

Today’s Left is all about wealth redistribution not wealth creation.

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