Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Jeb Bush's Tax Plan Is Tired Trickle-Down Nonsense
Posted
September 29, 2015
Views
71,342
Likes
1,681
Comments
369
Engagement
2.87%
September 29, 2015
71,342
1,681
369
2.87%
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8:12Now PlayingJeb Bush doesn’t get why everyone has a problem with the fact that his new tax plan is a massive giveaway to the upper one percent. John Iadarola (Think Tank) and Jimmy Dore (The Jimmy Dore Show Podcast), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
"Republican presidential candidate Jeb Bush suggested that the wealthiest top 1 percent of Americans would receive more benefits from this tax plan than the middle class because “that’s just the way it is.”
During a Sunday interview on Fox News, host Chris Wallace pointed out that Bush’s assertion that cutting taxes would generate more revenue for the government was an idea that his father, George H.W. Bush, had called “voodoo economic” when Ronald Reagan tried a similar plan...
“You know what your dad called that?” Wallace noted. “Is this your version of ‘voodoo economics’?”
“It’s not the government’s money,” Bush insisted. “If we can allow people to have more money, clearly that’s going to create economic growth.”
“But whether it was Ronald Reagan’s tax cuts or your brother’s tax cuts, they did add greatly to the deficit,” Wallace countered. “*
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The Young Turks September 28, 2015 Hour 1
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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