Classic songs from years past are sometimes referred to as “golden oldies.” There are political fallacies that have been around for a long time as well. These might be called brass oldies. It certainly takes a lot of brass to keep repeating fallacies that were refuted long ago.
One of these brass oldies is a phrase that has been a perennial favorite of the left, “tax cuts for the rich.” How long ago was this refuted? More than 80 years ago, the “tax cuts for the rich” argument was refuted, both in theory and in practice, by Andrew Mellon, who was Secretary of the Treasury in the 1920s.
Sowell then explains how decreasing taxes increases tax revenue, because people then have more money to spend and invest, which increases production and productivity, boosting the economy, and revenue overall.
He then explains how government cannot “create jobs” and can only ever accomplish the opposite, unless it just plain gets out of the job business, and then he explains how the “wall of separation” between church and state does not actually exist in the Constitution nor its amendments, despite the constant bleating to the contrary by the professional left.
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