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Tax Theory Rubble.

September
10

0910davies.jpg

“I can’t in good conscience support a tax cut in which so many of the benefits go to the most fortunate among us.” – Senator John McCain (R-AZ) on President Bush’s tax cuts, 2001

“Of course, I might lie constantly too, if I were seeking the Republican presidential nomination and I had opposed the Bush tax cuts”
-Ann Coulter on John McCain, January 2008

The old John McCain would have agreed wholeheartedly with this cartoon. The old John McCain would recognize the that the Bush tax cuts for the top 2% didn’t quite create the sound economic growth that was theorized. I hear a lot of very, very fortunate people complain that Obama is going to raise their taxes because they are “rich.” Actually he is just planning to allow the taxes to reset back to the rate paid by the wealthy during the Clinton years, which, funnily enough, was the most economically robust period in recent history (pop goes the theory that taxing the rich kills the economy…) Obama is also planning to cut taxes for people earning less than $250,000 a year, but McCain and Palin are predictably going around telling people he’s raising their taxes. If Obama can’t counter their childishness, he probably deserves to lose.

McCain likes to say he always puts country first, but giving himself a tax cut, and ignoring his country’s deficit doesn’t really sound very selfless. The old John McCain would be disgusted by such a deriliction of American principles.

This entry was posted on Wednesday, September 10th, 2008 at 7:13 am by Matt Davies.
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6 Responses to “Tax Theory Rubble.”

  1. jp

    Excellent, Matt!

    Considering your (excellent) recent work, I would anticipate a second Pulitzer, except that it’s currently too easy to parody the current administration and McCain’s quest for a third term.

    (By the way, did you know that McCain was a POW in VietNam? That surely qualifies him to be the next President! Plus, Sarah Palin is governor of a state that’s only 50 miles from Russia, and she recently acquired a passport!!)

    -jp

  2. Topgunner

    Excellent!!! I especially like Sarah Palin likeness standing guard over it all to protect us from all that is evil, democratic and truthful. Did you know that before she was against the Bridge to Nowhere she was for it? or that she listed the State’s Jet on e-bay (which only cost the state more to transport its prisoners using privately owned aircraft? Never fear, however, she opposes sex education in schools since abstinence works and sex education is best done at home…ooops…nobody’s home…too busy off shooting a wolf from the air. Sickening…the whole damn fiasco…

  3. DisasterMan

    Apparently (according to todays NYT Online) the jet was listed on Ebay, but never sold, and in the end was sold privately to a businessman for a $60,000 loss. Didn’t mention that at the convention for some reason – probably just pushed for time, ya know? It was a busy week for the poor dears…

    No cartoons about lipstick Matt? I was WETTING myself laughing when I heard Obama make that comment, and I think it was both clever and fair, in it’s actual context (being about McCain’s new policy turns, and a good use of a phrase McCain has used himself) and it’s assumed implications. Possibly the funniest thing I have ever heard said in US politics (certainly better timed and better taste than McCain’s Reno/Clintons joke)
    Of course the Republicans have gone into apoplexy over it, but what’s good for the pitbull is good for the pig, as they say… somewhere… maybe…

  4. Political Irony › Damaging the Economy

    [...] © Matt Davies [...]

  5. MH

    Hmmm, why is it that everything the Dems do is the “right” thing, and everything the GOP does is all wrong? It is obvious that they are both wrong most of the time.

    Everybody knows the economy goes in cycles, and the Clinton Admin was fortuitous enough to be in office when the Internet took off, as well as the real estate boom. Didn’t both of those deflate BEFORE he left office?

    By the way, I haven’t heard Obama clarify one thing that he is going to do, but I keep hearing the word “CHANGE” (hmm, just like John Kerry). Are we all going to end up standing around on corners with a cup asking for “spare change”?

    Oh, and if Obama does win, are you going to be able to consistently create negative cartoons about him, since it is definitely not going to be a utopia as he seems to be promising?

  6. kkcc

    I think John McCain should decrease tax rates accordily to how much people work a year.

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Matt Davies
Matt Davies is the Pulitzer Prize-winning editorial cartoonist for The Journal News. Born in London, he immigrated to the United States in 1983 and pursued his love of drawing, writing and making fun of people in positions of power throughout his educational career, while fitting in schoolwork in his spare time.

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