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URL:  http://boards.fool.com/sowell-tells-the-truth-30416157.aspx

Subject:  Sowell Tells The Truth Date:  12/5/2012  7:23 PM
Author:  Vile Number:  112178 of 149372

http://www.gopusa.com/commentary/2012/12/05/sowell-playing-c...

"A key lie that has been repeated over and over, largely unanswered, is that President Bush's "tax cuts for the rich" cost the government so much lost tax revenue that this added to the budget deficit-- so that the government cannot afford to allow the cost of letting the Bush tax rates continue for "the rich."

It sounds very plausible, and constant repetition without a challenge may well be enough to convince the voting public that, if the Republican-controlled House of Representatives does not go along with Barack Obama's demands for more spending and higher tax rates on the top 2 percent, it just shows that they care more for "the rich" than for the other 98 percent."


He goes on to cite two sources, The Wallstreet Journal and "Economic Report of the President" for 2012, on page 411. Here is the link to it:

http://www.gpo.gov/fdsys/pkg/E