You can say two things for certain about modern liberals — they love spending government (read: your) money, and they hate the wealthy. Which makes the liberal loathing of low taxes especially baffling. For the truth of the matter is that lower tax rates often bring in more, not less, revenue for the federal government. And when they do, that revenue is overwhelmingly plucked from the pockets of the “millionaires and billionaires” whom liberals constantly decry.

That cutting taxes could mean more money for the government may at first seem counterintuitive. Here’s how it works: Low tax rates leave businesses with more money to invest and expand, adding jobs and creating both more taxpayers and more money that can be taxed. In short, low tax rates act as incentives for the kind of behavior that generates tax revenue in the first place.