Quote of the day – correlation does not imply causation edition
Hillary Clinton provides our quote of the day. It’s not because she’s claiming the rich don’t pay their fair share – no Democrat will ever think the rich are paying their fair share until they’re paying 100% – and then there will still be some who say they have too many assets. No, Ms. Clinton’s quote provides us with an even more interesting look at the mind of the left:
“The rich are not paying their fair share in any nation that is facing the kind of employment issues [America currently does] — whether it’s individual, corporate or whatever [form of] taxation forms,” Clinton told an audience at the Brookings Institution, where she was discussing the Administration’s new National Security Strategy.
Clinton said the comment was her personal opinion alone. “I’m not speaking for the administration, so I’ll preface that with a very clear caveat,” she said.
Clinton went on to cite Brazil as a model.
“Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what — they’re growing like crazy,” Clinton said. “And the rich are getting richer, but they’re pulling people out of poverty.”
The premise? That Brazil is doing well exclusively because the taxes on the rich are so high. In other words, if Brazil lowered taxes on the rich, it would slow the economy. Seriously – read the quote, tell me where I’m wrong. The taxes are what are enabling this growth, per Clinton, and that means the spending by government – the “they’re” in the last sentence – is “pulling people out of poverty”, not the private economy or the rich who are “getting richer”.
If only we’d tax the rich here much more than we do, our economic woes could be over.
Who was it who called her the “smartest woman in the world?”