Quote of the Day: Tax Cuts Pay For Themselves!

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily.

From Republican Minority Leader Mitch McConnell:

There’s no evidence whatsoever that the Bush tax cuts actually diminished revenue. They increased revenue, because of the vibrancy of these tax cuts in the economy.

I keep hearing that conservatives actually have a nuanced view of tax cuts, not the laughable caricature that liberals impute to them. But it sure looks like their top guy in the Senate has exactly the laughable caricature we’ve always thought he did. I now eagerly await an outpouring of criticism from conservatives upset at McConnell for being such a pandering rube and giving the movement a bad name.

UPDATE: Karl Smith at Modeled Behavior tweets: “I have a chart I use on Bush tax cuts, has broken even the hardest of partisans. Will post & tweet later.” Really? The hardest of partisans? This I have to see…..

UPDATE 2: Well, here’s the chart. And it’s a good one! But I somehow have a feeling that the hardest of partisans will remain unmoved.

PLEASE—BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things it doesn’t like—which is most things that are true.

We’ll say it loud and clear: At Mother Jones, no one gets to tell us what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please do your part and help us reach our $150,000 membership goal by May 31.

payment methods

PLEASE—BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things it doesn’t like—which is most things that are true.

We’ll say it loud and clear: At Mother Jones, no one gets to tell us what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please do your part and help us reach our $150,000 membership goal by May 31.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate