I periodically explain the principles of the Laffer Curve, particularly in hopes that I will educate lawmakers that higher tax rates are a bad idea – even if they wind up generating additional revenue.
Obama’s proposed class-warfare tax hikes, for instance, might pull in some extra loot for the political class to redistribute. But is it a good idea to give the politicians more money if the economy loses $5 of private output for every $1 of added tax revenue?
This is why it is...











We MUST rid ourselves of this evil regime in November. Even if we do it will be rough sledding to undo all of the destruction of the previous 4 years. Do you think America is up to it anymore, Chris?