Sean Hannity’s Defense of the Trump Tax Cuts? Rich People Will Buy Boats (Seriously)
Sean Hannity took up the honorable task of advocating for tax cuts for the wealthy on his radio show Thursday afternoon, explaining that what the American economy really needs is the rich to buy more boats — even claiming that the Reagan tax cuts allowed Geraldo Rivera to buy a helicopter.
In audio flagged by MediaMatters, Hannity reacts to President Donald Trump’s statements on Wednesday that his tax reform plan would keep rates for the wealthy “pretty much where they are,” but left open the possibility that they might go “a little higher.”
That did not satisfy Hannity, who called for Trump to honor his campaign promise of tax cuts across the board, because, as he somehow explained, the “plan to get the forgotten men and women to work here is basically contingent on a growing, thriving economy.”
Hannity continued by lauding former President Ronald Reagan’s tax cuts for the wealthy in the 1980s, which he claimed led rich people to buy more boats — and even noted they allowed his Fox News colleague Geraldo Rivera to purchase a cool helicopter:
“It’s simple economics, because those multinationals, those corporations, quote ‘rich people’ what they’re going to do is they’re going to end up spending money and buying boats, as Geraldo said yesterday he bought a helicopter after the Reagan tax cuts but that keeps people working.”
“The rich are already paying their fair share,” Hannity, net worth $36 million, declared. “The idea is to get them to spend their money and stimulate the economy and build the factories in Michigan, Wisconsin, Pennsylvania, and Ohio.”
So, fingers crossed, Trump passes tax reform and AgustaWestland builds a few factories in the Rust Belt to keep Geraldo Rivera’s fleet of helicopters well stocked — economy fixed!
Listen above, via MediaMatters.
[image via screengrab]
—
Comments
↓ Scroll down for comments ↓