Via Think Progress:
Cloaking his predilection for the rich as concern for the less fortunate, Sen. Mike Lee (R-UT) argued Wednesday that raising taxes on the wealthy would primarily hurt the poor.
…“The reason we worry about raising taxes on anyone – even raising taxes on the rich,” Lee argued, is “that will hit the poorest among us the hardest.” Lest listeners get the wrong idea, the Utah Senator insisted, “it’s not that we’re looking out for the rich.”
No, of course not. The fact that trickle-down economic theory has never worked doesn’t mean that Republicans can’t keep pretending that it does!
The Congressional Research Service has documented what we know already: giving tax breaks to the rich helps concentrate wealth at the top, but it does not boost the economy.