Posted on 07/29/2009 9:14:22 AM PDT by SeekAndFind
Actually it goes back a lot further than that. Andrew Mellon during the Coolidge administration cut them from the 70's imposed by Wilson to 25% and saw revenues increase dramatically. It works every time it's tried but it's very inconvenient for the advocates of social engineering thru the tax system.
“Nothing has been more damaging to rational discourse about economic policy than the notion, peddled relentlessly by Republican conservatives and accepted by too many centrist Democrats, that raising taxes is always and everywhere bad for the economy.”
This is an absolute Pearl of Stupidity.
I can think of many many things that ruin rational discourse on economic policy ... and anti-tax sentiment isn’t one of them.
Watch the video at the link at #12-—outstanding!
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