Rush’s Morning Update: Spitzed
March 1, 2010
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Well, looky here, folks. He’s back. The still very liberal former governor of New York, Eliot Spitzer (also known as Love Client #9),recently wrote a piece for the online magazine “Hate” –“Slate.” Sorry. Under the headline “Tax Fraud,” Spitzer attempts to make the case for — what else — higher taxes.
In it he cites past luminaries like Democrat Woodrow Wilson who called paying taxes “a glorious privilege,” and Supreme Court Justice Oliver Wendell Holmes who said: “Taxes are what we pay for a civilized society.” He then blames Ronaldus Magnus for transforming “our conversation about government –and turning taxes into the enemy of progress.” He supports his claim with a graph, which supposedly shows “no correlation between higher marginal tax rates and slowing economic activity.” All this to concludethat “the wealthier can afford to pay more, with no harm to the nation’s economic growth.”
But history debunks that. JFK and Reagan ushered in dramatic tax cuts, andprosperity followed. Every time liberals raise taxes the economy suffers –like New York State’s economy did under Spitzer. Perhaps if he had been paying more attention to economic realities in his state than staining the sheets at the Mayflower Hotel in DC, he might have noticed. But once again we have a liberal of inherited means arguing the government should take more from people who actually work to earn their own wealth. Typical liberal wants to screw everyone in sight… and then a few of them out of sight, to boot. (Mwaaa ha ha!)
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