Reagan tax cuts....this is good!

So, did the Reagan tax cuts hobble the system as some in the left argue?

"The Reagan tax cuts, like similar measures enacted in the 1920s and 1960s, showed that reducing excessive tax rates stimulates growth, reduces tax avoidance…” “High marginal tax rates discourage work effort, saving, and investment, and promote tax avoidance and tax evasion.”

I encourage you to read the whole JEC report here:
http://www.house.gov/jec/fiscal/tx-grwth/reagtxct/reagtxct.htm

From Uncle Sam himself!

MediaSpin

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Democratic Health Care Bill Divulges IRS Tax Data

Rush reading this right now:

Section 245(b)(2)(A) says the IRS must divulge tax return details -- there's no specified limit on what's available or unavailable -- to the Health Choices Commissioner. The purpose, again, is to verify "affordability credits."
http://www.cbsnews.com/blogs/2009/08/26/taking_liberties/entry5268079.shtml

How does this make you feel?

MediaSpin

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A special place in hell reserved for Rush Limbaugh?

According to Zack at "Blogging Blue" there is anyway:

"Listen as Rush Limbaugh congratulates himself for predicting in March that the health care bill wouldn’t be passed before Sen. Ted Kennedy’s death:" (A clip straight from the Media Matters website orifice by the way):
http://bloggingblue.com/2009/08/27/theres-a-special-place-in-hell-reserved-for-rush-

Dittos to one commenter who wrote this:
"Apparently you didn’t listen to the audio….What I heard was Rush predicting the left would use Ted’s passing as a vehicle to press lawmakers to pass health care reform in his name. You know… The “Do it for Teddy” cries to try to guilt them into passing something.It sounds to me like he was right.Shame on the left exploiting Teddy’s in the name of health care reform…."

Looks like this is being spun both ways!

MediaSpin

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From: It's your money...

"Hey, I was mistaken.I believe, after reading Rush Limbaugh's comments for the umpteenth time, that Limbaugh was saying car dealers are collecting sales tax based on the full purchase price of vehicles, which includes the Cash for Klunkers rebate of up to $4,500. So, on the sales tax question, I think he does have it right"
http://blogs.trb.com/business/columnists/brackey/blog/2009/08/limbaugh_continued.html

MediaSpin

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Rush Limbaugh Aug 27 2009 Morning Update

Glenn Beck: Rush Limbaugh Telephone Interview [2/2] [FOX News]