In response to:

A Book for Republicans

jerryman Wrote: May 27, 2012 11:44 PM
Thanks, Dr. Sowell for reviewing this book. I found the book Taxation: The People's Business here at I am enjoying my own paperback copy that I can carry around. If only we could get a copy into the hands of every Republican politician . . .
Democrats have been having a field day with the cry of "tax cuts for the rich" -- for which Republicans seem to have no reply. This is especially surprising, because Democrats made the same arguments back in the 1920s, and the Republicans then not only had a reply, but one that eventually carried the day, when the top tax rate was brought down from 73 percent to 24 percent.

What was the difference then?

The biggest difference is that Secretary of the Treasury Andrew Mellon took the trouble to articulate the case for lower tax rates, in articles that appeared in popular publications,...