Erin demonstrates her stupidity why tax RATE cuts can increase tax REVENUES.
Boehner gets dumped and just now the NRCC emails me again asking for a donation. I sent them another screamer email, only this time saying that they have to clean house at FOX news as well as dump McConnell and appoint a non-boehner/gope speaker.
It's amazing how many people don't understand 4th grade arithmetic. No wonder she got booted from CNBC.
Erin failing Economics 101.
Who needs brains when she has such stunningly blue eyes? Prettier than anyone at FOX.
“Erin demonstrates her stupidity why tax RATE cuts can increase tax REVENUES.”
She just needs to look at history- and the Reagan tax cuts.
I hear Trump used Art Laffer - of the famous Laffer curve -naps one of his tax advisors.
The Bush Tax RATE Cuts increased Tax Revenue from $1.75 Trillion in 2003 to $2.5 Trillion in 2007.
Reagan’s Tax RATE Cuts doubled Tax Revenue in 8 Years, $500 Billion to One Trillion Dollars.
To be fair, Obama is raking in the Bucks reaching record Tax Revenue numbers. Still trying to figure that out, but I suspect it has more to do with Population Growth and the Stock Market “recovery”.