{"id":13739,"date":"2012-12-11T17:15:16","date_gmt":"2012-12-11T17:15:16","guid":{"rendered":""},"modified":"2012-12-11T17:15:16","modified_gmt":"2012-12-11T17:15:16","slug":"it_s_payback_time_for_the_rich_even_though_everyone_in_washington_knows_raising_taxes_won_t_fix_this_mess","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/12\/11\/it_s_payback_time_for_the_rich_even_though_everyone_in_washington_knows_raising_taxes_won_t_fix_this_mess\/","title":{"rendered":"It\u2019s Payback Time for the &#8220;Rich&#8221; (Even Though Everyone in Washington Knows Raising Taxes Won\u2019t Fix This Mess)"},"content":{"rendered":"<p><a href=\"\/\/videos\/37\/46016\" target=\"_blank\"><img class=\"alignright\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg\" alt=\"Listen to it Button\"><\/a><\/p>\n<p>RUSH: John Boehner is speaking now from the well of the House.  He\u2019s reporting in.  He says he\u2019s an optimist, but he doesn\u2019t sound optimistic in what he is explaining.  He\u2019s stressing the need to cut spending. He did say he\u2019s hopeful we can reach an agreement. No matter where you turn now, I don\u2019t care where you turn, in the conservative intelligentsia you are seeing the <a target=\"_blank\" view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13752\">Republicans have no prayer<\/a>.  They\u2019re just gonna have to cave in on this rate increase on the rich, just gonna have to. They can\u2019t anymore just be perceived as a party catering to the rich, just gonna have to do it, be done with it. <\/p>\n<p><img id=\"eZObject_70467\" class=\"alignright\" align=\"right\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/Boehner.jpg\"\/><BR\/>As we discussed yesterday, there survives this idea &#8212; you know, I went home and I applied what little IQ I have to this, \u2019cause if you were <a target=\"_blank\" view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13745\">listening yesterday, you realize I\u2019m very confused<\/a>.  I thought about it quite a bit last night, and I\u2019ve found even more people who believe that if we cave on the taxes, that Obama will then turn around and cut spending on the entitlements, and that this will be brought about by the media.  The media will then say, &#8220;Okay, Obama, the Republicans have done what you want them to do; now it\u2019s your turn.&#8221;  This is supposed to happen by about February.  Really.  No matter where you look, there are more and more Republican intelligentsia types in the media, elected Republicans, who really think that that will be the only course Obama has. <\/line><\/p>\n<p>I guess I remain a lone wolf on this.  I guess I\u2019m the only one who thinks what I think about this.  And I\u2019ll just repeat it very briefly.  I spent an hour explaining this last week, but I\u2019m gonna sum it up very quickly.  I think what Barack Obama is attempting to do here is get the <a target=\"_blank\" view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13774\">Republicans to confess<\/a>.  I think he wants the Republicans to concede that every economic problem in this country is because taxes have been cut on the successful. Not just the rich, but on the successful, on people who\u2019ve achieved.  I think Obama is after the notion that 200 plus years of capitalist economics has led us to this point.  Capitalism is to blame, part and parcel of capitalism, the Republican Party, conservatism, and tax cuts, quote, unquote, for the rich. <\/p>\n<p>I think what Obama\u2019s doing here is a modified FDR.  He\u2019s attempting to stack the deck for a couple of generations, with liberals and Democrats winning election after election after election because they\u2019re the party of benefits, not features.  And the benefits accrue immediately, while the Republicans talk about philosophy, and, in fact, the Republicans don\u2019t talk about philosophy.  Pete Wehner, my buddy, used to work for Bill Bennett, then worked for Rove at the Bush White House, then went to the Romney campaign. He has a piece at Commentary: &#8220;What If Conservatives Have Lost the Argument?&#8221;  <a target=\"_blank\" view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13736\">And I\u2019m going to explain this.<\/a> I did not even intend to mention this right now.  This is how my mind is working.  I\u2019ll get to it later in the program, but I\u2019ll just answer it very quickly.  We haven\u2019t made it. <\/p>\n<p><img id=\"eZObject_70452\" class=\"alignright\" align=\"right\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ObamaTaxEVERYONECongress.jpg\"\/><\/p>\n<p>Throughout this entire presidential campaign, we did not make the argument for low taxes equaling economic growth.  We didn\u2019t make that.  We were afraid to.  Even Romney was assuring people that taxes on the rich would not go down.  Even Romney, the Republican Party stood for taxes on the rich either going up or staying the same.  Anyway, more on that as a program unfolds.  What I\u2019m telling you is that Obama is attempting to get the Republican Party to &#8212; I don\u2019t mean that Boehner stands up and says, &#8220;I confess, we\u2019re the problem.&#8221;  That\u2019s not how it\u2019s gonna happen.  It\u2019s gonna happen by virtue of votes, caves, and policy. <\/p>\n<p>Republicans are going to agree to raise taxes, and in the process they\u2019re conceding that tax increases are the answer, and tax cuts have been the problem.  The Republicans are finally admitting what we\u2019ve known for 200 plus years.  If you don\u2019t have a job it\u2019s because we\u2019ve cut taxes from the rich.  If your home is underwater it\u2019s because we\u2019ve cut taxes at some point in this country.  The Reagan tax cuts are immoral, unjust.  The Bush tax cuts are immoral and unjust. Gotta go back to the Clinton rates.  Yeah, okay, as I mentioned months ago, <a target=\"_blank\" view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13732\">let\u2019s go back to Clinton era spending<\/a>.  Well, we can\u2019t really do that.  You think the Republicans might submit a 1998 budget?  What would be wrong?  You guys like the Clinton tax rates.  Here it is.  &#8220;Oh, you can\u2019t go back to spending at 1998 levels.  Why, circumstances are all different.&#8221; Well, why do you say we can on taxes?  Anyway, they\u2019re not making the argument. <\/p>\n<p>So the objective here is to get the Republican Party to essentially confess, to concede.  That\u2019s what\u2019s going on here.  There\u2019s nothing about economic growth going on. There\u2019s nothing about solving the debt. None of that is being discussed.  And you know what the dirty little secret is?  The media knows this.  And everybody inside the Beltway knows this.  Politico even has a piece today called, &#8220;Crafting a Boom Economy.&#8221;  It\u2019s by Jim VandeHei &amp; Mike Allen.  No politician on either side, none in this article, offers and says that raising taxes will provide any meaningful help with any fiscal problems.  They know that\u2019s not the case. <\/p>\n<p><img id=\"eZObject_70456\" class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ObamaVSAmerica.jpg\"\/><\/p>\n<p>Now, on the record there is nobody willing to say on record that raising taxes on anybody will provide any meaningful help with our fiscal problems, including economic growth.  They\u2019re not being raised for that reason.  The political class, including the media, is lying to the American people.  The media are complicit with the lie and they know it.  What\u2019s going on here is simply the advancement of the leftist agenda.  That\u2019s all that\u2019s happening here.  They won the election.  You would expect that to happen.  Sure you would expect them to try.  You would expect there to be opposition to it.  But there\u2019s an abject fear in telling the American people the truth. <\/p>\n<p>Even Warren Buffett is quoted in this piece saying both Democrats and Republicans privately agree that none of what\u2019s being talked about matters a hill of beans to anything. They just don\u2019t want to be the first to speak out on their side. That\u2019s Buffett. He said, nobody in Washington has the guts to tell the American people the truth about what needs to happen. So we\u2019re getting politics as usual.<\/p>\n<p>And the politics as usual are, Obama and the Democrats won and they are advancing their agenda. Part of that agenda is the decimating of the Republican Party. And to do that, you get them to agree that tax cuts are fundamentally to blame for all that\u2019s happening, even though everybody knows that\u2019s a lie. Here. The politics of it. Grab audio sound bite number seven.<\/p>\n<p>Last night, Anderson Cooper 360 spoke with former &#8220;green jobs czar&#8221; Van Jones about the fiscal cliff negotiations. Anderson Cooper said, &#8220;How close do you think Obama and Boehner are to a deal and, from your perspective, is a bad deal better than no deal?&#8221; See, this is all smoke and mirrors. Everybody\u2019s caught up in the inertia of the template of the moment. It\u2019s created out of whole cloth, and everybody &#8212; both parties and the media &#8212; just follow right along with it.<\/p>\n<p>And the perception becomes the reality. It\u2019s all smoke and mirrors, \u2019cause none of this is about economic growth. None of this is about reducing the debt. None of this is about changing the direction the country\u2019s headed. None of this is about creating jobs. None of this. And may I hit you with a blunt instrument, blunt force trauma, with a question, before I play the Van Jones sound bite, which proves exactly what I\u2019m saying here?<\/p>\n<p>Can anybody tell me, when was the last time that our side won one of these budget fights? Tell me. I may be forgetting some, and maybe I\u2019ll define &#8220;losing&#8221; and &#8220;winning&#8221; differently than you would, but when\u2019s the last time we won one of those? Seriously. When\u2019s the last time we prevailed? We\u2019ve lost this debt limit thing every year that it\u2019s come up.<\/p>\n<p>We\u2019ve had no budget for four years. The Constitution\u2019s been shredded on that score. Nothing but continuing resolution after continuing resolution, which puts constant pressure on the country. Every dime of spending becomes a crisis and an emergency. Anyway, here\u2019s Van Jones answering the question: &#8220;How close do you think Obama and Boehner are to a deal and &#8230; is a bad deal better than no deal?&#8221;<\/p>\n<p><img id=\"eZObject_70466\" class=\"alignright\" align=\"right\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/VJ.jpg\"\/><BR\/>JONES: A bad deal is a bad deal, and we shouldn\u2019t accept it. The &#8212; the Republicans have a problem now. All the polls show the vast majority of the American people say that people who\u2019ve done well in America should do well by America and start paying America back.<\/line><\/p>\n<p>RUSH: Now, folks, that last bit is what this is all about.<\/p>\n<p>&#8220;Start paying America back.&#8221;<\/p>\n<p>The reason you are poor is because you were once rich, and the rich of today and yesterday and the yesterday before that stole it from you. The rich have stolen most of what they have. They have worked together and conspired to create an economy where only they benefit. For 200-plus years it was part of our white, European, racist founding. And what Obama is all about is making sure that the people who have unjustly profited from this unjust, unfair capitalist system for 200-plus years, now pay America back.<\/p>\n<p>This embodies what Obama is all about. This embodies what everything in his administration is all about. This embodies what a lot of his voters vote for him for. I don\u2019t know. The majority of people that vote, obviously, voted for Obama. I don\u2019t know how many. It\u2019d just be a wild guess what percentage of those Obama voters actually think that it\u2019s time for payback, but I\u2019m telling you it\u2019s a large number.<\/p>\n<p>They\u2019ve been convinced! Not by Obama, but by three or four generations of the corruption of the public education system. They\u2019ve been corrupted by the news media. They\u2019ve been corrupted by a vast liberal entertainment complex that includes movies, books, and music. It\u2019s payback time! The people that have stuff today didn\u2019t really earn it, and they don\u2019t share enough of it. It\u2019s payback time, and that\u2019s what tax increases on the rich are all about.<\/p>\n<p>That\u2019s what the redistribution of wealth and income is all about, and that\u2019s what all this debt is all about. It\u2019s payback time. Van Jones, whether he knows it or not (and I think he does), articulated this specifically. All people need is the courage to believe it. But that is exactly why Obama\u2019s policies are what they are. It is time to pay America back for 200-plus years of stuff. Not the last eight. Not the last ten. Not the last 20.<\/p>\n<p>But for all of it.<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: So I checked the e-mail during the break. &#8220;Okay, Rush, that Politico piece, they say everybody in Washington\u2019s lying to the American people. They know it and the media knows it. What are they not telling us?&#8221; Folks, it\u2019s real simple. The only way that we are going to reverse the trajectory that this country\u2019s on&#8230; In fact, let me first remind you what this article is saying.<\/p>\n<p>There\u2019s not one person interviewed &#8212; and Politico talked to the movers and shakers in both parties. There\u2019s not one person interviewed who would admit that raising taxes on the rich is gonna have any positive economy impact. None. Everybody in this debate knows &#8212; from Obama to Boehner to everybody else &#8212; that raising taxes on anybody is not going to change the economic trajectory that we\u2019re on, which is straight down right now.<\/p>\n<p>Everybody knows that.<\/p>\n<p><img id=\"eZObject_70464\" class=\"alignright\" align=\"right\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/Obama-Buffett.jpg\"\/><BR\/>Warren Buffett says is both parties know it. They just don\u2019t have the guts to tell us. There\u2019s nobody has the guts to tell the American people truth. It\u2019s the e-mail asking, &#8220;Rush, what\u2019s the truth?&#8221; Very simple. The only thing that will reverse the trajectory that this country is on is massive spending cuts, and that\u2019s what they don\u2019t have the guts to really make the case for. There are people that talk about it.<\/line><\/p>\n<p>&#8220;We need spending cuts with the tax increases. We need some spending cuts with the new spending.&#8221; But look at the amount of spending cuts they talk about! It\u2019s $50 billion, $100 billion, $500 billion, stuff that we spend every five minutes or ten minutes. The real fix for this is spending cuts. We\u2019re $16 trillion in debt not because we\u2019re undertaxed. We\u2019re $16 trillion in debt not because of capitalism.<\/p>\n<p>We\u2019re $16 trillion in debt, and it\u2019s gonna be $22 trillion after Obama\u2019s finished with these next four years. We\u2019ll be $22 trillion in debt not because you aren\u2019t paying enough taxes, not because the country was founded unjustly and unfairly, and not because the poor were once rich but the rich took it all from them. None of that.<\/p>\n<p>We\u2019re in debt because we\u2019ve been spending money that we don\u2019t have.<\/p>\n<p>We have been spending money that we\u2019ve never had.<\/p>\n<p>We\u2019ve been spending money that we\u2019ve been printing. We\u2019ve been spending money we\u2019ve had to borrow that we\u2019re not paying back. The only real fix is a cutback in benefits. That\u2019s what reductions in entitlement spending mean. The practical result of entitlement-spending reform is fewer benefits paid out. The reason is, we can\u2019t afford to pay them as it is!<\/p>\n<p>But there isn\u2019t yet the courage or the guts to say to the American people at large what I have just said. So it\u2019s the usual politicizing. The Democrats won the election. They\u2019re taking the advantage here of that to advance their agenda &#8212; and, if they can, wipe out the Republican Party &#8212; and then deal with whatever mess later down the road if they choose to. But their priority is not reversing the trajectory that we\u2019re on.<\/p>\n<p>Their priority is their agenda.<\/p>\n<p>They want bigger entitlements. They want more of them and they want more entitlement spending. And if they have to confiscate money from the rich in order to pull that off, they will do it. That\u2019s just who they are. That\u2019s just what they want. But that\u2019s the solution to the problem that we\u2019re in, and there is no amount of tax increases that will fix it. There\u2019s no amount of tax increases that will reverse the trajectory that we\u2019re on.<\/p>\n<p>There\u2019s no amount of punishing achievement. There\u2019s no amount of paying America back that will fix the mess that we\u2019re in. Politicians have caused this mess in concert with voters, in some cases, who demanded these benefits and want these benefits because they are unable to provide for themselves the same things they\u2019re getting in the form of benefits. This has been going on a long time, not just now.<\/p>\n<p>It\u2019s not a recent development with Obama and liberalism and socialism. Everybody wants to live well. Everybody wants to have a nice life. Everybody wants to be able to pay the bills. Everybody wants to have no pressure when it comes to the bills coming in at the end of the month. Everybody would like to be able to pay for the basics and have some left over. For the most part, everybody in this country does or has.<\/p>\n<p><img id=\"eZObject_70461\" class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/PaybackTime.jpg\"\/><\/p>\n<p>But everybody\u2019s in debt for the most part as well and it\u2019s scary. Individuals are in debt, government is in debt, and the ability to retire that debt is quickly vanishing. Does anybody really think we can retire $16 trillion national debt? How do we do that? And in four more years, $22 trillion. How can we ever pay that back? But you have to get started. You have to make an effort if other things are gonna fall into play.<\/p>\n<p>But, anyway, the point of this is that that\u2019s the fix. That\u2019s the solution. It\u2019s not what\u2019s being discussed in the budget deal today. It\u2019s not Boehner and Obama. We\u2019re not looking&#8230; It\u2019s not Obama, period. Obama is exacerbating the problem by virtue of winning. We are in no way, shape, manner, or form &#8212; as a country, as a society &#8212; discussing what\u2019s really necessary to reverse the trajectory and create growth in the economy. <\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: Here\u2019s where we are, folks.  Entitlements are vote-buying schemes.  Social Security was a vote-buying scheme, first.  I know a lot of people think FDR was a compassionate guy, and he really was concerned about the old and the feeble and having some bit of Social Security. It\u2019s a vote-buying scheme.  Cutting taxes is a vote-buying scheme.  However, cutting taxes boosts the economy every time it is tried.  The amount of revenue, new revenue, generated by tax cuts in the eighties was nearly $900 billion. <\/p>\n<p>We lost revenue to the Treasury during the precious nineties and the Clinton tax rates.  Raising rates reduces revenue because it reduces economic output.  Raising rates creates rising unemployment, fewer taxpayers.  But still, cutting taxes is a vote-buying scheme, just like entitlements are a vote-buying scheme.  However, where we are now, the tax cut doesn\u2019t buy as many votes as the tax increase does.  Increasing taxes is a vote-buying scheme.  There are far more people who are not rich than who are, and class envy has seeped into our culture. <\/p>\n<p><img id=\"eZObject_70471\" class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/RushObamavilleUnemployment.jpg\"\/><\/p>\n<p>A Politico\/George Washington University Battleground poll out yesterday.  Sixty percent of likely American voters favor raising taxes on Americans who make more than $250,000 a year.  So raising taxes is a more popular vote-buying scheme than cutting taxes.  And, by the way, that number becomes 77% when you poll Hispanics.  Seventy-seven percent of Latino voters support raising taxes on the rich, because, as Van Jones said, it is time to start paying America back.  Folks, there are people in this country who genuinely believe that they were once prosperous, and it was taken from them by the people who are now rich. <\/p>\n<p>They have been made to believe that the rich have somehow unfairly just reached in and grabbed a share much larger than they deserve because they\u2019re craftier or they have more connections or they\u2019ve had more favorable laws passed by their cronies.  However it happened, they believe that it happened.  And now it\u2019s payback time.  But entitlements are vote buying schemes, cutting taxes is a vote-buying scheme, but cutting spending is not a vote-buying scheme.  And so nobody is talking about cutting spending seriously.  You don\u2019t get a single vote.  Well, you will, but you won\u2019t get anywhere near enough votes advocating spending cuts or entitlement reform. You don\u2019t get anywhere near the number of votes that you get when you create an entitlement. <\/p>\n<p>The creation of an entitlement is a benefit, an immediate benefit.  Cutting spending is a denial of a benefit.  You don\u2019t have a prayer.  You\u2019re not gonna get any meaningful amount of votes by offering to cut spending.  Cutting taxes will get you some votes, but you\u2019re gonna be outnumbered by those who want to vote for people who are gonna raise taxes. <\/p>\n<p>As a society and a culture, how often have you heard about the income gap or the wealth gap and it just keeps getting bigger. The rich keep getting richer. The poor keep getting poorer, and this of course is said to be the fault of capitalism.  And again, it\u2019s the fault of tax cuts for the rich.  The rich keep getting richer because cronies allow the rich to keep their money and take everything from the poor.  That\u2019s how the rich get rich.  Don\u2019t doubt me on this, folks.  I\u2019ve been doing this for 25 years.  There are certain realities we have come to accept.  Of the people who vote, which is still a small percentage of the population &#8212; that\u2019s a key distinction, however &#8212; of the people who vote, we are outnumbered. <\/p>\n<p><a target=\"_blank\" view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=14016\">We are outnumbered by among the people who vote.<\/a>  And among the people who vote, they believe what I just told you.  And they\u2019re on the way to believing even more, that capitalism, tax cuts for the rich, is the reason that they don\u2019t have what they would like to have.  And the government providing for them is simply payback.  They\u2019re not sponging.  They\u2019re not freeloaders.  They\u2019re getting what was always theirs that was never provided to them.  These people believe that government\u2019s the primary source of prosperity.  These people believe that wealth comes from the government, and the government has been unfair in assigning wealth to the people who are rich.  Cronyism, tax favors, whatever, they believe it.  Twenty-five years it\u2019s been trending. <\/p>\n<p>So income <a view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13737\">inequality<\/a> is the root, the foundation that drives all of this.  The fact that there is income inequality can\u2019t be denied.  The fact that there is wealth inequality can\u2019t be denied.  There never has been, but that doesn\u2019t matter.  There never has been income equality, and there also has never been immortality, but look at the number of people who expect to live beyond the life expectancy by eating certain things, not eating certain things.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: John Boehner is speaking now from the well of the House. He\u2019s reporting in. He says he\u2019s an optimist, but he doesn\u2019t sound optimistic in what he is explaining. He\u2019s stressing the need to cut spending. He did say he\u2019s hopeful we can reach an agreement. No matter where you turn now, I don\u2019t [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>It&#039;s Payback Time for the &quot;Rich&quot; (Even Though Everyone in Washington Knows Raising Taxes Won&#039;t Fix This Mess) - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2012\/12\/11\/it_s_payback_time_for_the_rich_even_though_everyone_in_washington_knows_raising_taxes_won_t_fix_this_mess\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"It&#039;s Payback Time for the &quot;Rich&quot; (Even Though Everyone in Washington Knows Raising Taxes Won&#039;t Fix This Mess) - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: John Boehner is speaking now from the well of the House. He\u2019s reporting in. He says he\u2019s an optimist, but he doesn\u2019t sound optimistic in what he is explaining. He\u2019s stressing the need to cut spending. He did say he\u2019s hopeful we can reach an agreement. 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