I would say that it's not a good idea to raise anyone taxes, and that the marketplace does not differentiate whether you take the money from rich people, poor people, or middle class. The marketplace says if you are going to take $800 billion, are you taking it out of the private sector, the productive sector, and are you going to give it to the nonproductive sector in Washington, basically the sector of people who are always messing up things in the marketplace? Are you going to do that? If you are going to do that, it's a bad idea no matter whether it's rich people, middle class, or poor. It doesn't matter. If you take money out of the private sector, it's a bad idea.
Thursday, December 13, 2012
Rand Paul: Why Take Money from the Productive and Give it to the Non-Productive Government?
Here is the esteemed Senator talking with Greta about the fiscal cliff and tax rates: