The Republicans economic argument is basically this

[Tony_FLADEM]

Mitt Romney pays a 13% income tax rate. If only he paid 0% the economy would be better.

The Capital Gains tax rate is 15%. If only the Capital Gains tax rate were 0% the economy would be better.

The average corporate tax rate is 12%. If only the average corporate tax rate were 0% the economy would be better.

Not very compelling, but some people believe this.

[noiretextatique]

1. reality is their biggest enemy....because

they have been paying low tax rates and the economy HAS NOT gotten any better.

[hifiguy]

2. The Rude Pundit hit it on the screws and

knocked it out of the park with this analysis:

Imagine you have a friend who a few years back heard that if you feed poodles money they will shit out gold bricks. So your friend starts feeding his hard-earned cash to all the pampered poodles he can find, and they gobble those bills down. But, surprise, surprise, despite what he heard, the dogs end up shitting shit. Still, he clings to this bizarre, completely disproven idea: poodles shit gold. Now, after some time, he's low on cash. You tell your friend to stop putting out plates of money for the goddamned poodles. No, your friend says. Instead, he must cut back on other things, like doctor visits and food and more, just so he'll have the spare money to give the fucking dogs. "One day, these little bitches are gonna pay off," he tells you, sounding completely crazy, "and I'll be on easy street." But until then, he's just got hands that stink like dog shit. And there's your lesson in Republican economics.

http://rudepundit.blogspot.com/

Scroll down a bit for His Rudeness' demolition of the KKKonvention.

[rurallib]

3. give your money and trust to the rich and they will provide

didn't we have a revolution over that?