Nancy Pelosi: Tax Cuts are Spending
This is another great illustration of how these people think. What she’s saying is that a tax cut equals government spending. Meaning anybody who benefits from a tax cut, tax break, tax loophole, is benefiting from government spending. That is why, by the way, anytime a tax cut is proposed, they start saying, “Well, how are we going to pay for it?”
Have you ever been struck by, “How are we gonna pay for it?”
What do you mean, “pay” for it?
“Well, that’s money we’re losing. We’re spending money on that tax cut. How we gonna recoup it? Where are we gonna get that money?” ‘Cause the government can never do with less. Now, the only way that a tax cut is federal spending is if all money is Washington’s. If they think that all money originates in and is controlled by the government, then everything you have is a result of their spending it and allowing you to have it. They have every dollar. They own it. They are in control of every dollar. And what you earn, you go to your boss, he hires you, you negotiate what your salary is gonna be, the government is actually paying you that, because they’re not taxing it.
Anything they don’t tax is spending. And that’s how they think. She is being dead serious. We can argue whether she’s an idiot or not, but this is what she really thinks. And she’s not the only one. This is what Democrats think. A tax break, a tax loophole, the mortgage interest deduction, that’s government spending. Any dollar that they don’t get, any dollar that they don’t have, they view it as they are spending it, on you, for your benefit. So when they raise taxes, they’re simply taking some of their money back. They’re not taking anything of yours.