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To: Kaslin
...the government could collect more tax revenues if it lowered those tax rates, because the changed incentives would lead to more economic activity, resulting in more tax revenues out of rising incomes, even though the tax rate was lowered.

Why on earth would they think that? After all, it's only worked every time it was tried! < /sarc >

2 posted on 07/18/2011 4:04:46 PM PDT by JimRed (Excising a cancer before it kills us waters the Tree of Liberty! TERM LIMITS, NOW AND FOREVER!)
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To: JimRed
Did you see the article by Michael Boskin?

Get Ready for a 70% Marginal Tax Rate

17 posted on 07/18/2011 4:44:42 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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