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To: jazusamo
Reductions of the capital gains tax rates in 1978, 1997 and 2003 all led to increased revenues from that tax.

Democrats will look right into the camera and tell the public that lowering taxes to increase revenue is a lie...never happened....a Republican myth.....etc.

The media will never correct the speaker(s).

2 posted on 02/04/2013 1:20:40 PM PST by DeFault User
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To: DeFault User

“Democrats will look right into the camera and tell the public that lowering taxes to increase revenue is a lie...never happened....a Republican myth.....etc”

You are exactly right. They have been telling this lie for decades - “TRICKLE DOWN ECONOMICS” they call it. The media repeats the lie and the masses lap it up. Facts don’t matter when the lie is told over and over again.

I wonder if the Laffer Curve is even a footnote in Modern Monetary Theory as presented in macro econ courses in today’s college classrooms:

http://www.heritage.org/research/reports/2004/06/the-laffer-curve-past-present-and-future


5 posted on 02/04/2013 4:19:52 PM PST by shove_it (Long ago Huxley, Orwell and Rand warned us about 0banana's USA.)
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