{"id":231361,"date":"2017-04-27T15:00:00","date_gmt":"2017-04-27T19:00:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=231361"},"modified":"2017-04-28T15:58:26","modified_gmt":"2017-04-28T19:58:26","slug":"ill-say-it-again-cutting-tax-rates-creates-more-revenue","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2017\/04\/27\/ill-say-it-again-cutting-tax-rates-creates-more-revenue\/","title":{"rendered":"I\u2019ll Say It Again: Cutting Tax Rates Creates More Revenue"},"content":{"rendered":"

RUSH: CBS News: “More Americans think Donald Trump will increase their taxes rather than decrease them<\/a> — though Democrats are most likely to say this.” Well, then why — more Americans, most likely Democrats to say it. This is a testament, this is an absolute testament to the fact that we have a dishonest, lying media. How in the world do you ever, with a tax cut plan, how do you end up believing your taxes are going up?<\/p>\n

\"\"“Fifty-three percent of Americans want Donald Trump and Congress to move on to other issues rather than try to pass another health care bill.” I\u2019m sorry, I didn\u2019t mean to conflate the two. Two separate things here. More Americans think that Trump\u2019s tax cut is gonna raise their taxes and very conveniently now, 53% of Americans want Trump and Congress to move on to other issues rather than reform the health care bill because they like Obamacare now. We had this news yesterday. More and more Americans are really liking Obamacare and they don\u2019t want anybody touching it now.<\/p>\n

“While just 12 percent of Americans think the Affordable Care Act is working perfectly, most — 61 percent — say it needs changes rather than complete repeal. Only 24 percent of Americans think Obamacare needs to be completely replaced.”<\/p>\n

Now, nothing, I mean, nothing has polled worse than Obamacare over the last eight years. There has not been any deviation in that. The last eight years, Obamacare has polled horribly! It is why Trump was running around claiming he was gonna repeal it and replace it. It was why Hillary Clinton was not spending very much time defending it. There wasn\u2019t any sentiment for keeping it. There has never been a majority of Americans, do you understand, never has there been a majority of Americans in support of it, who say they liked it. We\u2019ve never had a majority. It has never polled well.<\/p>\n

And now, out of the blue and all of a sudden most Americans don\u2019t want it touched. The only people who do not think Obamacare is a disaster are people who are getting their coverage for free and who\u2019ve never actually tried to use it. If they had tried to use Obamacare, they would know what the high deductibles are, and they would know about the high copays and they would know that it is not working. So that\u2019s what CBS has entered into the public fray today.<\/p>\n

\"\"This is from the Associated Press: “Trump Tax Plan Could Be Good News for Many, Bad for Deficit<\/a>.” Can I ask a question? I\u2019m serious. Do any of you remember anybody, including Republicans, but anybody in the last eight years being concerned about the deficit in relationship to any Obama proposal? I don\u2019t.<\/p>\n

I don\u2019t remember the media having any concern about debt. I don\u2019t remember them having any concern about deficits or the national debt. I don\u2019t remember, particularly when Obama\u2019s stimulus was being crafted, I don\u2019t remember anybody in the media worrying about whether we could afford it or not. I don\u2019t remember anybody worrying about the deficit impact by Obamacare.<\/p>\n

They might have talked about it and they might have spread the bilge and drivel that — like Obama was saying it was gonna reduce the deficit. What the media does is they throw the deficit up as a reason to oppose anything the Republicans come up with.<\/p>\n

The AP, in talking about Trump\u2019s tax cut, writes this: “The president\u2019s proposal marks a rehash of an economic theory popularized in the 1980s. Trump officials essentially argue that benefits from the tax cuts will trickle down from higher profits for companies into stronger pay raises for workers and greater consumer spending. … Some economists agree, but most budget experts say it\u2019s unlikely.”<\/p>\n

I called this one, predicted this, major monologue yesterday explaining supply-side, explaining the media was gonna do just this, because they\u2019ve spent so many years mischaracterizing the tax cuts from the Reagan years. Another example of what Trump is up against. Let\u2019s go to the audio sound bites just to illustrate.<\/p>\n

There\u2019s a knee-jerk reaction here whenever any Republican, I don\u2019t care who it is, proposes a tax cut, it\u2019s immediately characterized as a tax cut for the rich. It is supply-side trickle-down and it never works, and it\u2019s the rich stealing money from the poor.<\/p>\n

Our example from the Today show today. Treasury Secretary Steve Mnuchin was on there with the cohost Savannah Guthrie<\/a>, who said, “Donald Trump was on this show telling our viewers a year ago that he believed in raising taxes on the wealthy, including himself. Now, would you acknowledge, Mr. Secretary, that the reform plan you\u2019ve laid out does the exact opposite, in fact, it is a dramatic tax cut for the wealthy?”<\/p>\n