You know, with Democrats like this....
TODD: Yesterday, the Census came out and said one in seven Americans are living below the poverty line. Do you look at that story today — you know, you open up your USA Today, right, and you see that story — and you see Washington is debating the tax rates for the wealthy, and you sit there and say, isn’t that a disconnect in America right now?
BAYH: It is a disconnect, Chuck. What we need to be focused on is growth, how do we create jobs, how do we expand businesses. That needs to be job one right now. And all these other issues involving, oh, fairness and things like that can wait.
Give the millionaires their tax break and the one in seven Americans living in poverty can just suck on it.
Bayh conceded that the top two percent of earners doesn’t include many small businesses, but said that we should spend more than $800 billion to cut their taxes anyway, because “we want them doing more hiring, more investing, and at least hanging in there from a consumption standpoint.” However, according to a new study from Moody’s Analytics, the rich are more likely to save the money if their taxes are cut than spend it.
Bayh's another deficit peacock, and an either willfully misinformed or stupid one. Dem's shouldn't be shedding any tears over his retirement this year. The potential loss of a Dem Senate seat is lamentable, but the loss of this particular Senator sure as hell isn't.
