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To: crusty old prospector

Left end of the Laffer curve. The government doesn’t collect anything at 0% and at 100% tax rates. The problem is where to place the tax in between.

I like the “starving the beast” comment, but it doesn’t work that way. I think Reagan was hoping to starve the beast with his cuts, but spending never stopped and huge deficits began.


34 posted on 11/30/2008 2:44:51 PM PST by Pearls Before Swine (Is /sarc really necessary?)
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To: Pearls Before Swine

It’s meaningless unless you get rid of the Federal Reserve.

Frankly see my first post in this thread- (Go read “the creature from Jekyll Island”) becuase even if the gov collectd 0% they could still function becuase they would be allowed to “borrow” that money by creating it through selling bonds, and co-operation of the Federal Reserve-they are the poision that is killing America!


58 posted on 11/30/2008 6:23:23 PM PST by JSDude1
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