Wednesday, April 26, 2017
Liberals Lie Again
On CNN, an infobabe said categorically that when Reagan lowered the
tax rate significantly, that this action caused the national debt to
rise “out of control.” Which
is an out-and-out LIE.
After he lowered the tax rate, the tax income INCREASED and almost
DOUBLED! It created the longest lasting BOOM in the country's
history! There's a simple reason for that, which the liberals either
can't or WON'T understand. When you let people keep more money,
especially “the rich,” they USE that money. They don't put it in
deep, dark vaults where it's never seen again. They INVEST in
job-creating projects, and that causes unemployment numbers to go
down while causing the creation of NEW WEALTH to increase, as well.
More people have jobs, make more money, and thus SPEND more--and pay more in taxes.And that causes there to be new tax money to be paid. (Just common
sense)
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