It isn’t a stretch to say that the DFL hates cutting taxes. Further, it isn’t a stretch to think that the DFL doesn’t understand economics. When Democrats, whether they’re in the US Senate or the Minnesota legislature, complain about tax cuts for “the rich”, I’m reminded of Ronald Reagan’s cliché that you can’t create jobs if you hurt employers. There’s indisputable proof that companies are leaving the US for low-tax countries. Not all companies leave but there’s no doubt that many companies do.
Yesterday, the Minnesota Supreme Court ruled that Gov. Dayton’s veto of the legislature’s operating budget was constitutional. At the heart of that fight is Gov. Dayton’s hatred of tax relief. If Gov. Dayton understood the power of pro-growth tax policies, he wouldn’t have objected to the Republicans’ tax relief bill.
Further, after watching every DFL legislator vote against the tax relief package last spring, it isn’t a dishonest statement to say that the DFL hate pro-growth tax policies. At what point will the DFL admit that pro-growth tax policies work? Will they ever admit that?
It isn’t just DFL legislators that hate pro-growth tax policies. By now, most LFR readers have seen this fight between ‘Uncle Orrin’ Hatch, (R-UT), and Sherrod Brown, (D-OH), during Thursday night’s mark-up of the Senate Tax Cuts and Job Act:
Way to go, Uncle Orrin! That’s what I’d call a beat-down! Beyond seeing Republicans fighting Democrats over the benefits of this pro-growth tax policy, that exchange is instructive because Sen. Brown said something totally stupid. Specifically, Sen. Brown said “And I get sick and tired of the rich always getting richer.” Let me state this clearly. I can’t imagine a politician saying something more foolish than that. Why wouldn’t you want the rich to keep getting richer? If they aren’t getting richer, that means that they aren’t making a profit. People that aren’t making a profit can’t continue employing people.
I don’t know who Republicans will run against Sen. Brown but whoever they run should run that clip morning, noon and night against Sen. Brown. I’d finish the ad by asking ‘Was Sherrod Brown just gratuitously grandstanding? Or is he that economically ignorant?’
Seriously, how can a U.S. senator be that stupid? That’s painful to watch.