Jim Inhofe: “I know it is a difficult thing to deal with when you talk about the benefits of reducing taxes and giving people more…”

“I know it is a difficult thing to deal with when you talk about the benefits of reducing taxes and giving people more choices to do with it what they wish. A great Democrat President, John F. Kennedy, back in the 1960s, said: We need to have more money to put these programs together, and the best way to increase revenues is to decrease marginal rates. He did that, and increased revenues nearly a third. In 1980, the total amount of money that was raised from marginal rates was $244 billion. In 1990, it was $466 billion. It almost doubled in the period of time that the greatest reduction in rates took place. Every time since World War I, this has happened when we did that. This Senator doesn't like to sit here and hear somebody talking about reducing rates and, therefore, that is the reason for the deficit.”