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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