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To: BitWielder1

Raising taxes does NOT bring in more government revenue. That’s the Big Fallacy all along.


38 posted on 07/26/2012 10:07:38 AM PDT by ichabod1 (Spriiingtime for islam, and tyranny. Winter for US and frieeends. . .)
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To: ichabod1
Raising taxes does NOT bring in more government revenue. That’s the Big Fallacy all along.

Only if the rates are low. We are way past the point of diminishing returns. See the Laffer Curve.
Any talk of the government needing more "revenue" grates on me.
I despise that word, I think of it as "loot".
They are already taking much more than their fair share.

39 posted on 07/26/2012 10:21:12 AM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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