Dems in Panic Because They Know Trump Tax Cuts Will Unleash Economic Boom

RUSH: Now, let me deal with this right off the top here, the reason that the House is having to revote on the tax bill. Folks, it’s like a broken record, but the media, they’re just lying, they’re just flat-out lying about pretty much everything about the tax bill. And if the polling numbers are right, that only 26% of the American people support it, that’s why, but I’m not sure I believe the polling data.

The Drive-Bys are so hell-bent on attacking Republicans that they have claimed the Republicans screwed up with some of the provisions in the tax bill, which is why the House has to vote again today. But that’s not quite what happened. This is all about budget reconciliation and Democrats in the Senate.

Some Democrat nitpickers complained about a couple of pro-education provisions in the bill that they didn’t like. A couple of pro-education provisions in the bill that they didn’t like. They said that these provisions violated budget reconciliation rules. And they whined to the Senate parliamentarian, who made the Republicans remove them from the bill. There was no mistake on the actual aspect of taxes or anything to do with taxes.

There were no screw ups. There were no mess-ups. There was nothing whatsoever fundamentally wrong with this requiring the House to vote again. It was simply a bunch of Senate nitpickers arguing over parliamentarian procedure.

Now, one of the provisions was to allow 529 savings accounts for homeschooling expenses. Does that sound like a bad deal? 529 savings accounts, in other words, educational savings accounts, 529 savings accounts for homeschooling expenses. Another protected, endowments to private universities from being subject to a new excise tax.

So is the media outraged at the Democrats stripping out some pro-education provisions? Of course they’re not. Instead, they’re amused as the Democrats make the Republicans have to vote again and they seize this as an opportunity to report the Republicans don’t know what they’re doing. Or, the Republicans are providing another hidden loophole to the rich or other such lie.

the Democrats think that they’ve got the House won already because of the election in Alabama, the election in Virginia, the Democrats think that they have won the House. It’s just a matter of the calendar playing out.

hey also think that this tax cut bill is gonna be a huge disaster. And it is. But for them. It’s gonna be every bit the disaster for them that the Reagan tax cuts were in 1981 and ’84. It’s gonna be a repeat. But they think, because of their brethren in the media, that they have been able to soil, if you will, or muddy the waters on this. And they think they have the American people positioned and ready to object to it, to hate it, to think it’s gonna be a bomb-out, a failure, the only people benefiting will be the rich.

When in fact 80% of taxpayers in this bill are going to see bigger paychecks, one way or the other. Eighty percent of taxpayers are going to get a tax cut. Well, you know, it’s more accurate to say 50%, because there are 50% that don’t pay taxes already. But even some of the 50% that don’t pay taxes are gonna see some benefits. So it’s not inaccurate to say that 80% are going to see lower taxes and more disposable income.

Now, what happens when that happens? What happens when people see that the economy doesn’t stop, when people see that the economy keeps growing, when people see that businesses keep hiring, when people see that they have more disposable income, what will their reaction be based upon what they were prepared for from the Democrats and the media? And that is where the Democrats are gonna get kicked.

So looking ahead to 2018, every single Democrat in Congress, all 238 of them voted “no” on this. And what precisely did they vote “no” on? They voted “no” on cutting taxes. They voted “no” on allowing the American people to keep more of what they earn. They voted “no” on reforming the tax code in ways it hasn’t been in 30 years. They voted “no” on a piece of legislation that cuts taxes for 80% of Americans.

Chuck Schumer says the tax bill will be an anchor around Republican ankles. Is this bill so horrible, is this bill so bad the Democrats throw everything they have at it to mischaracterize it? Why are they doing this? Because the exact opposite of what they are predicting is going to happen.

Their panic is because they know exactly what’s gonna happen here. They know that their efforts at revising history and trying to remind people that what happened in the eighties didn’t happen, they’re faced with it again. They could not stop it this time. So instead they have tried to mischaracterize it and create distrust and doubt in the minds of the American people. And they have succeeded, if the polling data is correct.

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