Supply side Econ 101?
“Steal nasty profits from the “poor” and send the money to buy Chinese worker slaves....”
Oh come on, everyone benefits when less taxes are paid especially when regulations are eased as well.
Let me give you an example:
What if taxes were cut to 10%, and every licensing and insurance mandate were vacated?
The “rich” could buy things in support of the local economy, and the “poor” could deliver those goods and not be overburdened by regulations...
Several months ago, Rush had a caller who was slightly confused by the following two seemingly contradictory facts:
- less taxes result in higher government revenues.
- lib dems want higher taxes despite the previous fact, resulting in less money for their government social programs.
Rush explained that lib dems know that lower taxes will give their programs more money. But this isn't what they really want. Instead, they want to control people. That's why they persist in raising our taxes.