To: churchillbuff
. . . today's policymakers poison the economy with high tax rates and crushing regulations. I must really be missing something here -- tax rates were no different when the stock market slide began in 2000 than they were in 1995 or 1999.
Are you sure you didn't find an article that Kemp had written back in 1979 and post it here today by mistake?
To: Alberta's Child
Think about this for a second. There were large surplus dollars going into the Treasury in 2000 -- this money was not doing anything productive. That has to have some impact on growth.
To: Alberta's Child
They were high back then. Thing is, when you continue high taxes on the supply side of the economy, eventually it's going to take a toll.
Kemp is right on!!
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