Saturday, December 17, 2005

The Laffer Curve 

Guess what? Bush's tax cuts in fact did not lower the taxes payed by the rich. His tax rate cuts actually stimulated the economy and increased the amount of taxes payed to the government. See for yourself. Apparently, tax cuts do stimulate the economy, and actually increase government revenue at the same time because of the resulting increase in economic activity. Imagine that...

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