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To: Sam Cree; Iscool
I have heard that before, you are right. However if my supposition is correct that tax cuts increase tax revenue, and I believe it is correct, then it is false justification rather than reality which raises state taxes.

The evidence is that tax cuts cause revenues to be less than they would be otherwise, just as one would expect. See the analysis at http://home.att.net/~rdavis2/taxcuts.html.

24 posted on 11/29/2005 12:20:21 AM PST by remember
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To: remember

Your 2 articles do appear to muddy the waters of the argument I mentioned. However, I'm not particularly convinced that they support your point very well either.

After all, it seems self evident that there would be a point of no return, a tax level that would yield peak revenues, beyond which the drag on the economy would cause a decrease. Not that I begin to think there is any justification for a government extracting any kind of peak revenues from its subjects.

Would you do me a favor and describe exactly where you are coming from? I read some of your back posts, most seem to favor high taxation and top down direction of the economy. However, I'm not really ready to assume that those are the things you support.


25 posted on 11/29/2005 10:40:23 AM PST by Sam Cree (absolute reality) - "Reality is merely an illusion, albeit a very persistent one." Albert Einstein)
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