| Jackson50 said: "The best prescription Hoover felt was needed was to cut taxes and put more money into the pockets of the rich and their corporations, even as he suggested this would be a fundamental change of governance." I am not sure what dailykos is, but that statement is an outright lie. Hoover did not cut taxes. On the contrary, he felt he needed to balance the budget and enacted one of the largest peacetime tax increases in US history. The Revenue Act of 1932 raised the income tax, the estate tax and corporate taxes. I would think long and hard about reading a blog that is oblivious to history and facts. |
He said "prescription".
It doesn't seem as if what the dailykos said is an outright lie. Or does it to you? Maybe someone could dig up one of Hoover's speeches?
