And AGAIN for the slow.
Lowering tax RATES leads to INCREASES in tax REVENUE..
And that's a problem I have with most politicians.
Some talk about lowering taxes, and some talk about raising taxes, but they NEVER say RATES or REVENUES.
The following is a chart (that you can manipulate to get ANY range of years for tax revenue.
Thos one shows JFK tax rate reductions-revenues for 1960- 1970.