Your money? The government’s “income”
There was an interesting comment made on the floor of the United States Senate yesterday.I first noticed in from Senator Jim DeMint’s twitter feed. DeMint tweeted, “Sen. Dorgan just said a vote for tax cuts is a vote to ‘reduce this country’s income. To Democrats, it’s the government’s money. Not yours.” Really? I mean it wouldn’t surprise me, but we rarely hear the Democrats speak so bluntly about it. But sure enough, here is the rush transcript from the floor yesterday from 4:36 p.m.:
THOSE WHO CRIED THE LOUDEST ON THE FLOOR OF THE SENATE THESE DAYS — RIGHT NOW — ARE THE VERY ONES THAT VOTED TO REDUCE THIS COUNTRY’S INCOME WITH THE BIGGEST BENEFITS GOING TO THE WEALTHIEST AMERICANS.
You can watch it here.Really Senator Dorgan? Voting to give Americans back their own money was a vote to “reduce this country’s income with the biggest benefits going to the wealthiest Americans?” Certainly cutting taxes reduces the governments’ income in a static calculation, but we also know that revenue into the treasury went up after those tax cuts.The Democrats really do think it is their money.