WEBVTT - Rush Limbaugh May 2nd, 2017

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<v Speaker 1>Donald Trump has proposed comprehensive income tax reform massive tax cuts,

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<v Speaker 1>and of course the opponents are out in droves saying

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<v Speaker 1>it's a disaster. It won't work. It's a tax cut

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<v Speaker 1>for the rich. It's not going to help the middle class.

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<v Speaker 1>It's not gonna help anybody. Matthew Doug token conservative at

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<v Speaker 1>ABC News, used to work for George W. Bush by

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<v Speaker 1>Away said, there's no evidence that cutting taxes benefits the

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<v Speaker 1>middle class. We'll try this, folks. From two to nineteen

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<v Speaker 1>eighty nine, real middle class incomes grew by twelve point

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<v Speaker 1>six percent. What was happening between eighty two and eighty

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<v Speaker 1>nine Reagan was president. There were two massive tax cuts,

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<v Speaker 1>twelve point six percent income increase. In two thousand, it

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<v Speaker 1>happened again early two thousand's. The Bush tax cuts resulted

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<v Speaker 1>in per capita real after tax income rising by over

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<v Speaker 1>eleven I get this statistic. Middle class income grew by

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<v Speaker 1>thirty six percent from nineteen seventy nine to two thousand

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<v Speaker 1>and seven. Now nineteen seventy Jimmy Carter leaves, Reagan takes office,

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<v Speaker 1>creates a boom that lasts all the way through Clinton

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<v Speaker 1>and then the George Bush tax cuts. Tax cuts help everybody,

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<v Speaker 1>especially the middle class. Don't believe anybody who says otherwise,

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<v Speaker 1>because the facts do not lie