The Left Would Use Debt Fear to Raise Taxes

null Nov. 13, 2023 2:10 pm ETThe dome of the U.S. Capitol in Washington, April 20. Photo: AMANDA ANDRADE-RHOADES/REUTERSIn “Why Democrats Should Care About Debt” (op-ed, Nov. 7), Ben Ritz advocates the creation of a bipartisan commission while seeming to know what its conclusions would be in advance. Before that commission makes any recommendations, he suggests that “Republicans must be challenged to accept tax increases.” But history has shown that tax increases only enable more government spending. They reduce neither debt nor deficits in the long-term.He also reveals his motivation for addressing this issue in this line: “Debt-service costs crowd out progressive priorities.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Continue reading your article witha WSJ subscriptionSubscribe NowAlready a subscriber? Sign InSponsored OffersTurboTax: Save up to $15 with TurboTax coupon 2023The Motley Fool: Epic Bundle - 3x Expert Stock Recommendat

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The Left Would Use Debt Fear to Raise Taxes

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Nov. 13, 2023 2:10 pm ET

The dome of the U.S. Capitol in Washington, April 20. Photo: AMANDA ANDRADE-RHOADES/REUTERS

In “Why Democrats Should Care About Debt” (op-ed, Nov. 7), Ben Ritz advocates the creation of a bipartisan commission while seeming to know what its conclusions would be in advance. Before that commission makes any recommendations, he suggests that “Republicans must be challenged to accept tax increases.” But history has shown that tax increases only enable more government spending. They reduce neither debt nor deficits in the long-term.

He also reveals his motivation for addressing this issue in this line: “Debt-service costs crowd out progressive priorities.”