Bill Maher

And so Trump's taken this attitude of let's free up individuals so they can keep their money and then the economy can grow. In one of my books, I did a book called The Interesting History of Income Tax. And John F. Kennedy talks about FDR's high taxes and how they've been chasing money out of the country and doing this outsourcing.

So February 6, 1961, Kennedy said, I've asked the Secretary of Treasury to report on whether present tax laws may be stimulating in undue amounts the flow of American capital to industrial countries abroad. Right. You squeeze a sponge, the water goes out. Kennedy said April 20th, 1961.

So February 6, 1961, Kennedy said, I've asked the Secretary of Treasury to report on whether present tax laws may be stimulating in undue amounts the flow of American capital to industrial countries abroad. Right. You squeeze a sponge, the water goes out. Kennedy said April 20th, 1961.

In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. And so he says we need to give tax cuts to businesses.

In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. And so he says we need to give tax cuts to businesses.

The caveat is to businesses that are on American soil. And he says a tax cut, this is September 3rd, 1963, JFK, a tax cut means higher family income, higher business profits, a balanced federal budget. Every taxpayer and his family will have more money left over after taxes for a new car, a new home, new convenience, education, investment.

The caveat is to businesses that are on American soil. And he says a tax cut, this is September 3rd, 1963, JFK, a tax cut means higher family income, higher business profits, a balanced federal budget. Every taxpayer and his family will have more money left over after taxes for a new car, a new home, new convenience, education, investment.

Every businessman can keep a higher percentage of his profits in his cash register or put it to work expanding his business. And as the national income grows, the federal government will ultimately end up with more revenue. So if you cut taxes, people will have more money and they'll spend it. And then the factories will have to hire more workers to meet the increased demand.

Every businessman can keep a higher percentage of his profits in his cash register or put it to work expanding his business. And as the national income grows, the federal government will ultimately end up with more revenue. So if you cut taxes, people will have more money and they'll spend it. And then the factories will have to hire more workers to meet the increased demand.

And so the idea is that you can stimulate the economy through cutting taxes and again, at the same time, replacing that with tariff income.

And so the idea is that you can stimulate the economy through cutting taxes and again, at the same time, replacing that with tariff income.

I would say he's one of the best presidents ever. And I agree. I really believe that, you know, you see a concentration of power that takes place and he is trying to cut the size of government. It's like, who does that? I've never seen in studying all the presidents. You know, FDR concentrated power with his New Deal programs during the Depression and then World War II.

I would say he's one of the best presidents ever. And I agree. I really believe that, you know, you see a concentration of power that takes place and he is trying to cut the size of government. It's like, who does that? I've never seen in studying all the presidents. You know, FDR concentrated power with his New Deal programs during the Depression and then World War II.

And he hired and then he gets out. Eisenhower, Republican, gets in. Eisenhower hires Clarence Mannion. the dean of the Notre Dame Law School. His job is to go through all of the concentrating of power that FDR put in place and basically do doge. What can we do to trim back all this stuff? And he comes up with a great list, but...

And he hired and then he gets out. Eisenhower, Republican, gets in. Eisenhower hires Clarence Mannion. the dean of the Notre Dame Law School. His job is to go through all of the concentrating of power that FDR put in place and basically do doge. What can we do to trim back all this stuff? And he comes up with a great list, but...

all the rhinos had gotten to Eisenhower and said, look, look, wait a second, we're in charge. It's okay to have big government because the Republicans are in charge of it. And so they basically let Clarence Mannion go and he pioneered the conservative movement that Eddie Rickenbacker became a part of and then Phyllis Schlafly and then all the rest of us sort of followed along.

all the rhinos had gotten to Eisenhower and said, look, look, wait a second, we're in charge. It's okay to have big government because the Republicans are in charge of it. And so they basically let Clarence Mannion go and he pioneered the conservative movement that Eddie Rickenbacker became a part of and then Phyllis Schlafly and then all the rest of us sort of followed along.

But that was Eisenhower. And then And he gave a cryptic address at the end of his term. And he warns of the military industrial establishment. But that was his words for the deep state. It's like there are some people here and they got their own agenda and they're wanting to. So Trump comes along and he's like, I want to cut the size of government.

But that was Eisenhower. And then And he gave a cryptic address at the end of his term. And he warns of the military industrial establishment. But that was his words for the deep state. It's like there are some people here and they got their own agenda and they're wanting to. So Trump comes along and he's like, I want to cut the size of government.

A few. Believe it or not, Andrew Jackson was the only president who paid off the national debt. And that brings up a whole nother thing. You had the John Maynard Keynes. He's a friend of, you know, FDRs. And it was debt stimulated economy. So here we are, depression. And he comes up with this idea. Hey, it's.