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Tax Revolt: Voodoo Economics

Author
Arjun Singh
Published
Fri 02 May 2025
Episode Link
https://play.prx.org/listen?ge=prx_9069_93a6dc63-3e91-4c9a-9e9b-0b7ee45674cc&uf=https%3A%2F%2Fpublicfeeds.net%2Ff%2F9069%2Ffeed-rss.xml

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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