Re: Tax Cuts Don't Boost Revenues

gjohn...@[EMAIL PROTECTED]
 wrote:

> No amount of evidence will ever convince usenet Republicans that you
> can't get something from nothing, but here's more evidence proving
> that wrong anyway.
>
> http://www.time.com/time/magazine/article/0,9171,1692027,00.html

Yet again, that ****tion of the article which you carefully ignored
guts your post - but you knew that.

---
And how did things work out? Laffer is convinced that the
reduction of the top tax rate from 70% to 28% during the Reagan
years paid for itself--in part by encouraging the rich to stop
finagling--and the evidence mostly backs him up. "You find these
enormous responses in the upper brackets," Laffer says. "These
guys fire their lawyers and accountants and actually pay their
taxes. Yay! Isn't that what we want them to do?"
---

"..and the evidence mostly backs [Laffer] up," as even the
snarky writer concedes. Could it possibly be that the whole
truth is more complex than your either/or universe?