"We have lowered the marginal rates on high incomes four times since the inception of the income tax — in the 1920s, the 1960s, the 1980s, and the 2000s. In each case, the result was a much more prosperous national economy, lower unemployment, and higher tax revenues for the government. If you do A (lower marginal rates) four times, and four times, despite differing economic circumstances, B (increased prosperity) happens, a rational person might conclude, at least tentatively, that B is the result of A. Not liberals.
As I said, high tax rates on the rich is a religious principle with the left. If the poor have to suffer because of it, so be it."
Monday, December 13, 2010
The Magic Bullet: