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tax-and-spend

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tax-and-spend
spending freely and taxing heavily. (Referring to a legislative body that repeatedly passes expensive new laws and keeps raising taxes to pay for the cost. Fixed order.) I hope that people do not elect another tax-and-spend Congress this time. The only thing worse than a tax-and-spend legislature is one that spends and runs up a worsening deficit.


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Yesterday's rebellion reflects a growing battle within the party between "modernisers" who want the Lib Dems to ditch their tax-and-spend image and embrace the market and others who want to remain a "progressive" left-of-centre force.
Indeed, Old Labour's most blatant tax-and-spend manifesto was described as "the longest suicide note in history".
They are working to bring back the failed tax-and-spend policies of the past.
 
 
 
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