BloggeRhythms

As the mainstream media reacts to the POTUS’s tax reform plan, two alternative possibilities arise regarding their negativity toward his proposal.

While knee-jerk objections are certainly to be expected, since the subject is taxes two possibilities exist regarding the media’s negativity. The first is simply in keeping with their continual rejection of anything proposed by any Republican, anywhere, anytime, regardless of the issue involved.  

The other alternative, and certainly very possible, is that they simply don’t understand the subject in the slightest yet spout their unfounded gibberish anyway. 

And as often happens, Rush discussed the subject in well-informed detail yesterday, saying: “I get so tired of it. I get so frustrated watching this stuff. It’s amazing after all these years I’m still sane. I just watched idiocy on CNN. I mean, idiocy above the norm. It’s about tax cuts and what these people are saying about tax cuts. “Well, you know…” They had some babe, some CNN, I don’t know, reporter, analyst, I don’t know who she was. I’ve never seen her before. Don’t know her name. Doesn’t matter. They’re all cookie cutters over there.”

“And this woman is out there saying, “If we’re gonna have tax cuts, we must find a way to pay for them, otherwise the deficit will explode out of control just like happened with Reagan, especially in the first term.” I’m pulling my hair out. Because it’s not what happened. The deficit didn’t grow; the deficit came down. The amount of money that was generated by tax cuts, tax rate cuts, they weren’t tax cuts. They were cuts in the rate. It led to more revenue being created.” 

From there Rush explained quite accurately that in eight years, “Reagan almost doubled the amount of revenue that the government collected from taxes.” 

Taking the tack that the “woman is obviously brain-dead” and “just repeating and regurgitating in robot-like fashion the drivel and bilge that she’s been taught,” Rush then dispelled another of her propositions wherein she said: “Well, you know, we must start talking about deductions, too, because the Trump administration is only cutting taxes for the very rich and those who want to be very rich, and this is not fair, and we must seriously look at the home mortgage deduction. You know why? You know why? Because the home mortgage deduction is very, very bad. It’s leading us to buy McMansions, and that is not good.” 

To that, Rush responded that there are indeed “some ways that government actually does create wealth, but not in the sense we’re talking about. [T]he essential argument here is that when you cut taxes on businesses and on individuals, you leave both with much more income in their possession to do with whatever they choose: to spend it, to invest it, or what have you.”

And that led to the most important point about tax cuts and why they work because “it all ends up circulating in the economy. It is not in government, and it’s not being wasted, it’s not being spent on things to buy votes. It’s being spent on things that improve the lives of people. When businesses benefit from tax cuts, they can hire more employees because their businesses grow. When more people are hired, more taxpayers are created. More people paying taxes equals more money going to Washington.

“It’s simple mathematics. This is the result of reducing tax rates. Reducing tax rates does not reduce tax revenue. Quite the opposite. Reducing tax rates means that taxpayers and businesses keep more of what is theirs. And how they use it grows the economy. Growing the economy means companies get bigger and need more employees. Individuals get wealthier and buy more things. All of this stimulates an economy which is growing.” 

Referring to Reagan who believed the tax structure he inherited was “absurd,” Rush rightfully explained that under him “in eight years the top marginal rate dropped from 70% to 28. Now, what happened to government revenue in those eight years? It nearly doubled, from $500 billion to almost a trillion dollars, reducing the marginal tax rate from 70% to 28%. The revenue doubled.” 

And it’s the Reagan results that Rush believes are the cause for the Democrat Party’s immediately beginning history revisionism whereas they “could not permit that stat to become common knowledge.” 

Getting to specifics, Rush presented the fact that "the top 1% are paying nearly 40% of all income tax revenue. Stop and think of that. The top 1%. You have to have an adjusted gross income of over a million dollars a year to be in the top 1%. Those people are paying nearly 40% of the entire tax burden while it is said the rich aren’t paying their fair share. It’s an out-and-out lie, like all of liberalism is and like most of the Democrat Party is. 

“The top 20% are paying 50%. The bottom 50% of wage earners in America are paying zero. The bottom 50% are paying effectively nothing. They are contributing, if you want to use that word, literally nothing. So the reality on the ground is the exact opposite of the way the Democrat Party has positioned all of this. It is inarguable that lowering tax rates — now, you reach a point where you can’t lower them and still create wealth, but we’re not there.” 

And as a result of the above, it can be seen as to why the leftist mainstream media most assuredly doesn't want their audiences exposed to factual reality. Because if those in the Democrat base gained employment and any kind of financial success due to an expanding economy, they’d almost assuredly begin voting Republican in the future.        

CNN reporters however aren’t the only ones who have nothing of viable value to offer their audiences. Other leftists too have been reduced to babbling inanely in the absence of having anything substantive to offer at all.  

Pam Key reports @breitbart.com that: “Wednesday on MSNBC’s “Hardball,” host Chris Matthews said President Donald Trump’s “boasts and bragging” was “simian,” adding it was like a “monkey banging with a stick.” 

“Matthews said, “The ego here is — well it’s something. By the way, his teeth come out like it’s simian almost. It’s simian, like a monkey banging with a stick, You know, ‘I’m the biggest. I’m the biggest.’ Pounding his chest. It does have a simian quality to it, I mean primordial, I should say.” 

Members of the audience, however, proved once again their awareness of the realities regarding the media. 

Lance1234 commented: “Had anyone dared compare Obama to a simian of any sort for any reason, Matthews would have immediately launched into a diatribe against the racist who would dare do it.” 

thats MR Deporable to you! added: “This proves that the left is so completely rattled that this all they have left....name-calling and insults.” 

That's it for today folks. 

Adios