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Rush Limbaugh on Labor & Farming


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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