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To: Hojczyk

Wall Street ought to wise up.

Avoiding the Fiscal Cliff with Tax Increases will kill the value of stocks.

Increasing tax rates will reduce economic activity.

Business profits and stock values will suffer.

Keynesianism doesn’t work. Ever. Not once in the history of the world.

The Laffer Curve will have the last laugh.


6 posted on 11/28/2012 9:19:49 AM PST by Uncle Miltie (Working is for suckers.)
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To: Uncle Miltie
Increasing tax rates will reduce economic activity.

Historically, higher periods of economic growth have been during periods of higher marginal income tax rates.

Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945

8 posted on 11/28/2012 10:52:42 AM PST by ksen
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