Randy3153 Wrote:
Jul 02, 2012 5:21 PM
I saw a recent statistic that despite changes in tax policy ranging from max rates of 25 to 90%, revenue remains fairly static at 18% of GDP. Deficits occur and debt builds because the economy contracts or stagnates. We would need a $20 trillion economy to pay for our current national wants. We have a $14 Trillion?. Our tax (including tariff) policy shouldn't punish wealth creation anywhere. Higher taxes (and tariffs) destroy wealth at home and abroad. They diminish freedom for all of us.