In a recent post, I argued that for years, Republicans have misled their base about taxes and their relationship to deficits. An exceptional illustration of how this happens is provided in the video above. It features Rush Limbaugh, the most popular entertainer in the conservative movement and the Republican Party, telling his audience that any deal to raise the debt ceiling and reduce deficits should include a new tax cut.
Here's a transcript I've typed out:
The revenue enhancement canard is a big deal to Democrats, so let's address it. Let's not lose the war of words here. The American people should know that there is not going to be any capitulation on the English language. A lie is a lie. Charts and graphs can prove that tax rates reductions enhance revenue. Tax cuts create revenue. Particularly in an economy like ours. A balanced approach would require tax cuts, the only proven way to raise revenue and create jobs. It's a little late for this, perhaps an opportunity lost, but I'm throwing it out there anyway.
Throw it out there. Put some tax rate reductions -- you want to raise revenue? That's how you do it. The Democrats are talking up raising revenue, raising revenue, revenue enhancements. Give it to them with tax cuts. Put it in there.
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