Hannity, Matalin falsely claim that cutting taxes raises revenues
October 02, 2008 3:25 pm ET
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SUMMARY: On Hannity & Colmes, Sean Hannity and Mary Matalin falsely claimed that cutting taxes raises revenues. In fact, several former and current Bush administration economists have stated that tax cuts -- including those passed under President Bush -- produce a net decrease in revenue. For example, Treasure Secretary Henry Paulson said during his confirmation hearing, "As a general rule, I don't believe that tax cuts pay for themselves."
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