Rand Paul "hearts" Bush Tax Cuts but won't "borrow money from China to pay people not to work"

[Amerigo Vespucci]

Rand Paul: ‘Millionaires and billionaires pay all the taxes’
By David Edwards
Sunday, November 20, 2011

http://www.rawstory.com/rs/2011/11/20/rand-paul-millionaires-and-billionaires-pay-all-the-taxes/



“There are anomalies, there are aberrations,” he continued. “If you are a millionaire or you are a corporation that’s not paying, we’re all for eliminating those loopholes and deductions. But on average, the vast majority of millionaires and billionaires are paying all of the taxes. That’s who pays the income tax.”

The nonpartisan Congressional Research Service recently found that 25 percent of millionaires pay a lower tax rate than 10 million middle-income Americans. The IRS found that in 2009, 1,470 millionaires and billionaires actually paid no taxes at all.

While Paul is working to make sure the richest Americans continue to receive a tax cut, he’s against extending unemployment benefits or a 2 percent payroll tax cut for the less wealthy.

“If you want to extend unemployment benefits, they have to be paid for,” Paul explained. “So the question is, do we want to borrow money from China to pay people not to work? … I want to get millions of people back to work and the only thing historically that’s ever worked in our country is to lower tax rates on the upper income folks.”

[Angry Dragon]

1. how can he stand there and lie

[zbdent]

3. breeding, and decades of practice ...

for Repugniconvicts, it's in the genetics.

[lbrtbell]

2. I'd gladly pay to put Rand Paul out of work - n/t

[SomethingFishy]

4. Rand Paul was born with a silver spoon in his mouth

and a huge stick up his ass. He has no clue what he's talking about, his numbers are all bullshit and I'm getting tired of the poor little rich boy routine.

[Brigid]

5. Good Lord!

When is that stupid "trickle down" meme going to die? I bought into it for a few years back in the early '80's -- until I noticed that nothing was trickling down. Anybody who was actually paying attention would have noticed too. What is wrong with these people? :banghead:

[jmowreader]

6. Too bad our liberal media doesn't have any liberals working in it

They might point out that cutting taxes has almost never created jobs.

Read: http://investmentwatchblog.com/us-double-digits-unemployment-rate-of-1980-1981-vs-2008-2009-single-digit/

In fact, what DOES create jobs is exactly what the Republicans hate: high taxes, combined with high rates of government investment in public works projects. (The military is not a public works project.) A government dollar spent on a public works project turns over five or six times. A government dollar spent on providing a tax cut to a rich person gets spent on buying used stock from another rich person--who buys a different used stock from another rich person.