Posted on 04/26/2017 1:59:49 PM PDT by Kaslin
RUSH: The amount of money coming into Washington is not a factor when the Democrats start spending it. Witness Obama. National debt doubled in eight years. It didn’t matter what the tax revenue was. Didn’t matter. He was gonna spend the money anyway.
The Democrats are about punishing achievement and punishing success and saying it’s unjustified, it’s unfair, and it may involve cheating and scandal. They stigmatize success because their voters are people who cannot achieve those things. The Democrats have made sure they don’t even want to try.
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RUSH: Folks, it works the other way too. If you start raising taxes, you’re gonna slow down economic activity, and you’re gonna create fewer taxpayers. All I have to do to prove this is turn your attention Obamacare. What happened with Obamacare? Well, the mandates of this massive new spending, meaning you have to buy a policy, became law. Look at it as a tax. If you don’t pay it, you get a fine, and you have to pay that. You have to pay something. Then there were new tax increases as part of Obamacare that businesses had to pay.
What happened to our economy in the last eight years? It went in the tank. But tax revenue soared because Obama was mandating people buy things that the government was getting the revenue for, and there were tax increases, business and personal, regarding Obamacare. But the economy was in the tank and more and more people were out of work and we had close to, what was it, 94, 95 million Americans not even in the workforce. There’s no way you can grow an economy with that, with that many people not working and not paying taxes, you can have any kind of government solvency, you can’t have any kind of growing economy, which is exactly what the Democrats want, by the way.
Puts more people in more need. And when they don’t care what government spends and you you need this handout or that handout, food stamps or 99 weeks of unemployment, why, the Democrats, they would just as soon pay you to not work for 99 weeks as soon as you get a job. Much better for the Democrats that you don’t work. The more you work, the less dependent on them you are. If this sounds hideous, I’m sorry, it’s true.
If it’s hard to understand lowering tax rates and increasing revenue, let me ask you this. Have you ever seen a store put things on sale? Obviously you have. Why do they do it? Why do they lower the cost of certain things to entice you to come in and buy them? Well, because they’ll sell more of it. The lower the price of an item, the more likely people are to buy it, and the more people that buy it, the more are sold, by lowering the price. When airlines are feeling the heat of competition, what do they do? They lower fares. If one airline lowers ’em, they all have to on the same routes. Or they’ll throw you off, right, or kill your rabbit, but don’t confuse me here.
Democrats Know That Tax Cuts Increase Revenue, So Why Do They Lie About the Facts?
Apr 26, 2017
RUSH: The amount of money coming into Washington is not a factor when the Democrats start spending it. Witness Obama. National debt doubled in eight years. It didn’t matter what the tax revenue was. Didn’t matter. He was gonna spend the money anyway.
The Democrats are about punishing achievement and punishing success and saying it’s unjustified, it’s unfair, and it may involve cheating and scandal. They stigmatize success because their voters are people who cannot achieve those things. The Democrats have made sure they don’t even want to try.
BREAK TRANSCRIPT
RUSH: Folks, it works the other way too. If you start raising taxes, you’re gonna slow down economic activity, and you’re gonna create fewer taxpayers. All I have to do to prove this is turn your attention Obamacare. What happened with Obamacare? Well, the mandates of this massive new spending, meaning you have to buy a policy, became law. Look at it as a tax. If you don’t pay it, you get a fine, and you have to pay that. You have to pay something. Then there were new tax increases as part of Obamacare that businesses had to pay.
What happened to our economy in the last eight years? It went in the tank. But tax revenue soared because Obama was mandating people buy things that the government was getting the revenue for, and there were tax increases, business and personal, regarding Obamacare. But the economy was in the tank and more and more people were out of work and we had close to, what was it, 94, 95 million Americans not even in the workforce. There’s no way you can grow an economy with that, with that many people not working and not paying taxes, you can have any kind of government solvency, you can’t have any kind of growing economy, which is exactly what the Democrats want, by the way.
Puts more people in more need. And when they don’t care what government spends and you you need this handout or that handout, food stamps or 99 weeks of unemployment, why, the Democrats, they would just as soon pay you to not work for 99 weeks as soon as you get a job. Much better for the Democrats that you don’t work. The more you work, the less dependent on them you are. If this sounds hideous, I’m sorry, it’s true.
If it’s hard to understand lowering tax rates and increasing revenue, let me ask you this. Have you ever seen a store put things on sale? Obviously you have. Why do they do it? Why do they lower the cost of certain things to entice you to come in and buy them? Well, because they’ll sell more of it. The lower the price of an item, the more likely people are to buy it, and the more people that buy it, the more are sold, by lowering the price. When airlines are feeling the heat of competition, what do they do? They lower fares. If one airline lowers ’em, they all have to on the same routes. Or they’ll throw you off, right, or kill your rabbit, but don’t confuse me here.
On a government-run transportation system, what happens? When the Port Authority of New York and New Jersey is in a crunch and it’s not collecting enough money, what do they do? They stupidly raise fares. They do not try to get more people riding; they rip off the people who still are by charging them more. Does it ever work? Why don’t they reduce fares? Why don’t they lower the price of going across a bridge or getting on the subway? They never do. Well, I can’t say never. But you know as well as I do that mostly those costs increase. When a business raises the price of an item that you’re used to paying X for, are you more likely to go out and buy it again, or less likely, maybe look for someplace else to get something like it, something close to it?
Look, this is simple math. It’s not even arguable. The Democrats have so corrupted our understanding of economics and productivity that lowering tax rates is now considered to be some kind of sop to the rich. I mean, it’s just profound to me, the damage inflicted on this country by the Democrats in their pursuit of perpetual power.
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RUSH: Hey, by the way, it was just pointed out to me that the left does understand how raising taxes reduces economic activity. How about their desire for increasing cigarette taxes, soda taxes? What are they trying to do? Get you to buy less. They know. They know that higher taxes reduce activity. It’s real simple: If you want more of an activity, lower taxes on it. If you want less of an activity, raise taxes. So if you want more jobs? (chuckles) It’s very simple. You lower payroll taxes. If you don’t want as many jobs, then you raise corporate taxes. It’s that simple, folks. The left is gonna spend the next whatever — six months, however long this takes — lying through their teeth every day about Trump’s tax cuts.
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Gen.Blather, as you and many of us here well know, we could fill several pages of single spaced type with things about Obama that seemed to have not existed in much that same fashion in that same way.
I still cannot wrap my brain around that one...or resist wrapping my brain around it because of the implications.
I think there is a ‘gift’ angle to this. If you introduce tax cuts...it goes directly back to those who pay taxes....NOT the bottom 45-percent, who pay ZERO taxes. So it ends up mostly in the hands of the working-class and upper-class. You can discuss this a hundred different ways, but it’s not being ‘gifted’ back to the lower 45-percent of Americans.
Every politician and party makes a fundamental choice: to be the party of the below-median-IQ people, or the above-median-IQ people. I.e., whether to be the party of envy and plunder for the stupid, or the party of producers.
They lie about EVERYTHING. What’s new?
WE ARE ENSLAVED!
And have been since 1913!
Help us replace the income tax with the FAIRtax and abolish the IRS!
Find out how at https://www.fairtax.org.
“Why Do They Lie About the Facts?”
LIEberals LIE!
Thass what they do best!
“WE ARE ENSLAVED!”
“Socialism Is Legal Plunder” - “The Law” - Bastiat
“LIEberals LIE!”
“Everything about socialism is sham and affectation.” - 23.11 Ch23; Evil; “Economic Harmonies” - Bastiat
Just so, PGalt! Just so!
Perhaps over the next few years we can work our way out of the slavery LIEberals have forced upon us?
“Perhaps over the next few years we can work our way out of the slavery LIEberals have forced upon us?”
It’s been a long time coming. It’ll be a very long time going. More Americans are waking up to economic/political/social slavery being FORCED on us by enemies domestic and foreign.
live - free - individual
republic
They’re scum. Control freaks. It ain’t about the revenue, it’s about the control.
Well sure, and that gift equates to votes for them and thus remaining in power. I mean it is not like they really care about whom is receiving the gift. It’s all about getting their vote to remain in power.
I’d prefer to think that more and more LIEberals will begin to understand the LIE they have been worshiping and living all these years and that America’s societal reversal, and the rejection of LIEberalism, will be sudden and overwhelming, much like the Trump victory this past November.
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