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Tax Revolt: Voodoo Economics

Tax Revolt: Voodoo Economics

Former President George H.W. Bush once thought supply-side economics was so ludicrous he deemed it “voodoo economics.” But that was before Ronald Reagan transformed the Republican Party into a trickle-down, tax-cutting cult. To follow in Reagan’s footsteps, Bush promised conservatives that he would never raise taxes — but then did something nobody expected. That decision would seal his fate, with the anti-tax movement making sure no Republican ever dared cross them again — and that included Bush’s son. This is Part 3 of <a href="http://levernews.com/TaxRevolt">Tax Revolt</a>, a new miniseries from Lever Time revealing how free-market radicals hijacked American politics and set the stage for Elon Musk, DOGE, and Donald Trump’s presidency. Want more? Become a paid subscriber to get ad-free episodes and exclusive bonus content, like an exclusive interview we conducted with the godfather of trickle-down economics. By doing so, you’ll be supporting independent journalism: <a href="http://levernews.com/subscribe">levernews.com/subscribe</a>

Lever Time · David Sirota

May 2, 202558m 42s

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Show Notes

Former President George H.W. Bush once thought supply-side economics was so ludicrous he deemed it “voodoo economics.” But that was before Ronald Reagan transformed the Republican Party into a trickle-down, tax-cutting cult. 

To follow in Reagan’s footsteps, Bush promised conservatives that he would never raise taxes — but then did something nobody expected. That decision would seal his fate, with the anti-tax movement making sure no Republican ever dared cross them again — and that included Bush’s son.

This is Part 3 of Tax Revolt, a new miniseries from Lever Time revealing how free-market radicals hijacked American politics and set the stage for Elon Musk, DOGE, and Donald Trump’s presidency.

Want more? Become a paid subscriber to get ad-free episodes and exclusive bonus content, like an exclusive interview we conducted with the godfather of trickle-down economics. By doing so, you’ll be supporting independent journalism: levernews.com/subscribe

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