California, Joe Biden, Kevin discussed on Rush Limbaugh
Have been waiting patiently to appear on the program, and so let's go back to the phones. Ron in Modesto, California. I'm glad that you waited. Appreciate your patients, sir. Hello. Hello. Megha Does Russian daily listener first time caller frustrated California. Listening to your show. You know, I feel we need to have a clarification and a common opinion clarification is that California is divided. Its take I five that runs from L. A All we have to Washington West side by five is the communist California the east side of I five is Republican California. We have to deal with. Those people from Ella Simms, just go dictating everything. So I just want to clarify that cause your California It's going to go blue. It always does. There's nothing US Republicans could do about it. In regards to Gavin and his illegal mandates. Republican California We don't listen to him. We don't care Every time he talks, another family moves out of California. So it's not gonna have any impact on our Halloween, our Thanksgiving or Christmas. My opinion is if you're that scared, stay home. The virus is not dependent, make the fear that they're producing from this is the pandemic. That's what I have to say. All right, Well, I'm glad you called. Thank you, Ron. Ah, Joe, and then bury Connecticut. Great to have you with us, sir. How are you? Mega Dido Rush. Hey, I called because I wanted to explain why plugged by he'll get into the Paris Accord hoax despite the cleanliness of our air and water. It was supposed to be Hillary $3 trillion payoff for surrendering America to China. She surrendered. It was just another Solyndra. And I could explain why if you're interested Ah, no, no, no, that's that's that now. I'm not interested in that. That's that's That's not what you said you wanted to talk about. So We're trying to be as accommodating as we can. Here. All we ask is you tell us the truth. If you tell us, you're going to talk about X, get on and talk about why then we've taken your call under false premise. And that's Ah, That's AH, that's that's not good. Lets go, Kevin in in Louisville. Great to have you Your next will give you a shot Rush. Joe Biden claims that his tax plan is to not raise tax on anybody. Making less than 400,000. And that is really alive because Joe intends to increase tax on corporations. Corporation's really don't pay tax. They passed the taxes on to their consumers. So if I own a business, and I'm selling something for $10 Not profit $1 and he increases my tax 10%. Then I'm just going to raise my prices $11. So in reality with his plan, the little guy's paying all of the corporate taxes. You know he is. Peter Too dumb to grasp that. Or the person pulling his strings knows precisely what's going on, and they're just deceiving everybody. Of course, Of course, everybody knows what's going to look. This is something as a as a 77 year old. Guy with 47 years in Washington. He knows exactly what he's lying about here. He knows exactly what he's misrepresented to two points about this. Biden has pledged that he's going to raise taxes on corporations and people. Who make $400,000 a year or more. Then he says that he's going to repeal the trump tax cuts. Funks. The mathematics is very soon. If he follows through and if they repeal the trump tax cuts, then everybody is going to get a tax increase. The Trump tax cuts benefited people who make less than $400,000. A year at the Trump tax cuts were across the board under the premise that everybody deserves a tax cut. There's there's no law that says just because you make Next numbers of millions that you have to pay more or a greater percentage. Than anybody else, So there's two things here. Biden says. He's only going to raise taxes on people who make 400 grand a year or more, but he's going To repeal the trump tax cuts Well if he repeals the trump tax cuts than everybody is getting a tax increase. Everybody, including you. He's lying through his teeth when he tells you if you're a lesson for degree of a year that you're not gonna get a tax increase, Ur The point about corporate taxes is exactly right. Corporation's pass tax increases along to the consumer. As much as they can. There are some limitations they face. Depending on the industry there in and depending on the competitive times that they are involved in. You know, it's it's not axiomatic that a corporation can raise prices on a goods or services. It's goods or services anytime it wants. There are there are tricky ways that they can raise prices. But they still have to have to be really careful that not doing damage themselves in the competitive realm. If they're if they're competitors are not going to raise prices and they do then they've got They've got a problem but generally speaking in a philosopher, philosophical sense, corporations do not pay taxes. That is correct. 90% of the time. It's exactly correct Corporations pass tax increases on to the consumer By folding the tax increase that they face into the price of whatever it is they're selling. So Kevin is exactly right about that. Kevin and Lou corporations as a rule do not pay taxes. They're happy, though, for you to think they do. Oh, they would love for you to think they're getting soaked, Which is why they never complain about it. But they don't get sucked. You do every tax increase.