Rand Paul actually said...

"When people come to me and say we just have to raise taxes on rich people, one there, is not enough money. Two, you often find that when you raise rates, you get less revenue."

"If it's bad to raise taxed on everyone, it's also bad to raise taxes on 40 percent of the nation's income."

"It mostly has to be to me on the spending side. We used to spend about 20 percent of GDP. We're now spending 25 percent of GDP. Federal spending has gone up at an alarming rate in the last four years."

"I think that's a mistake. If it's bad to raise taxes on everyone, it's also bad to raise taxes on 40 percent of the nation's income."