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.
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.
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.
BREAK TRANSCRIPT
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.
BREAK TRANSCRIPT
A: Control.
That answer is obvious. It takes away power. If citizens are allowed to keep more of what they earn, they need government less.
Answer: They want to enslave us.
We are way over in the “Region of Declining Revenue” on the right, and everyone knows it.
If Democrats were interested in the Government doing good things, they would cut taxes so the Government would get more money with which to do good things.
Because they demonstrably do not want to decrease taxes to increase revenue to do more good things, one must find the real reason(s) Democrats want to maintain stupidly high tax rates.
Answers include:
1) Control over you.
2) Using Envy and Punishment of the “Rich” to motivate their voters.
Because stupid high tax rates can’t be explained by any Good Government theory.
Democrats’ reasons for maintaining stupidly high tax rates demonstrates that they are knowingly evil.
President Obama was hit with this tax question; decreasing taxes increases revenue. His response was, “sometimes it’s not about logic, it’s about fairness.”
The whole world should have turned around and collectively said, “Huh? That’s flippin’ crazy!” But, not one commentary, to my knowledge, commented on the statement.
It's not about helping the economy or funding the government.
Here's the clip:
https://www.youtube.com/watch?v=gJimLZRC9N8
Democrats couldn’t care less about an increase in revenue, all they care about is retaining their voter base to keep them in perpetual power. Then using the same old ploy that it always benefits the so called rich, citing the trickle down economy created by republicans. Has anyone ever seen a “Trickle up” economy? People with money are more likely to spread it around and provide jobs, what is unlikely to happen the other way around.
During the Reagan presidency, the top marginal rate of tax in the United States fell from 70% to 31%. According to the Office of Management and Budget (OMB) historical data, federal government revenue as a percentage of GDP fell from 19.0% of GDP in 1980 to 18.4% by 1989. However, absolute revenues nearly doubled during the same time period.
https://en.wikipedia.org/wiki/Laffer_curve
The want the complete destruction of western civilization and the world under “utopian” communism.
Any discussion that begins with the assumption that liberals are rational, functioning, firing-on-all-cylinders human beings, will go absolutely nowhere.
Democrats are communists and believe socialism in the only form of government sense it makes them rich and powerful.
-PJ
Because they know that their constituents are total idiots...
How can an idiot digest that if we all pay less, there will be more? Can’t be.
Because they know that their constituents are total idiots...
How can an idiot digest that if we all pay less, there will be more? Can’t be.
He is right about the democrats wanting to create more people (voters) dependent on them. And these voters do not understand that cutting taxes will increase revenue, so they continue to vote for the democrats.
"DING DING DING! WHAT DO WE HAVE FOR HIM, JOHNNY?"
In first with the best answer!
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