Not All Republican Senators Want the Mayorkas Impeachment to Go Away
House Dem Trots Out a New Russian Collusion Narrative
Boeing Announces Leadership Shakeup in Wake of Door Plug Failure
‘Morning Joe’ Demands More Billions from Communist GOP
Ron DeSantis Has No Faith Nikki Haley Can Beat Trump
Viral Clip Completely Distorts Bernie Moreno's Response on Abortion and a 'Pro-Life Cultur...
Election-Denier Hakeem Jeffries Thinks Biden's So-Called 'Accomplishments' Have Been 'Extr...
WH Aides Instruct Biden to Ramp Up Attacks on Trump to Disguise His...
Why This Republican Governor Called for a State of Emergency In His State
Speculation Sparks After Biden Visits California: 'Does Gavin Need to Standby?'
Indiana Parents Say Their Child Was Removed From Their Home Over Preferred Pronoun...
Why Does Liz Cheney Still Insist on Trying to Tell House Republicans How...
Who Are the New KC Shooting Suspects?
Chairman Jim Jordan Shares What He Expects to Hear From James Biden
One Country's Military Is Taking Trans ‘Inclusion’ to a New Level

Jim DeMint on a Better Stimulus

Hint: It's not rebates.
But an economy that is facing slumping home sales, a credit crisis and nose-diving markets will not be rescued by temporary cash handouts. History has taught us this lesson repeatedly.

Washington sent Americans $300 tax rebate checks in 2001, but the handouts did little for real economic growth and Congress went back to the drawing board. Instead of making the same mistake again, President Bush and Republicans pushed for pro-growth tax cuts in 2003.

In the wake of these 2003 tax cuts capital gains, income and dividend tax rates were lowered. This long-term tax relief gave individuals and businesses incentives to work hard, save and invest in the economy. The result was the creation of over 8 million new jobs, a significantly increased rate of growth for the GDP and a skyrocketing stock market.

Join the conversation as a VIP Member


Trending on Townhall Videos