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Rush Limbaugh on Jobs

Conservative Talk-show Host


1980s tax cuts created jobs by “trickle down”

Cuts in marginal tax rates spur economic growth by providing entrepreneurs an incentive to invest their marginal tax dollars, causing many of them to earn more money and pay more taxes on their earnings, albeit at a lower marginal rate, and create new jobs. These new jobs result in a bigger employment base and, thus, more taxpayers. More taxpayers translates into higher tax revenues-even at lower marginal rates.
Source: See, I Told You So, p.125-33 , Jul 2, 1993

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Page last updated: Oct 10, 2013