On his nationally syndicated radio talk show, host Mark Levin blasted the GOP’s tax plan in the House and Senate, warning that it is a “flat out lie” that the GOP tax plan is the greatest tax cut in American history.
“They talk about this being the greatest tax cut in American history,” said Mark Levin. “That is a flat out lie.”
Below is a transcript of Levin’s comments from his show Monday:
Levin: “I got news for you, if it’s the House or Senate tax plan, I don’t want a tax plan …
Caller: “We agree.”
Levin: “… because these guys are nuts.
“They want to slash taxes for corporations. I don’t have a problem with that. But then they want to recover revenue on the backs of individual taxpayers. And they can talk about, ‘Oh, look at this. You’re gonna get a lower tax rate,’ while they’re taking away state and local property tax deductions and state and local income tax deductions and they’re trying to limit interest rate.
“You gotta read through this, everybody. You gotta read through this.
“They talk about this being the greatest tax cut in American history. That is a flat out lie.
“They’re creating a new higher tax rate. You know what that means? Less jobs – that’s what that means – because if people are giving more money to Uncle Sam they’re going to spend less money and invest less money. That’s what they’re going to do.”