Re: Tax Cuts Don't Boost Revenues

Stevie Nichts wrote:
> 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--

The deficit--which Reagan harped on during the presidential
debates--tripled 
at the end of his second term.