MoreFreedom Wrote:
Nov 15, 2012 12:52 PM
Economics 101: when you tax something, you'll get less of it, and when you reduce the taxes on something, you'll get more of it. Economics 201: Nations that tax production less, have an economic advantage over nations that tax it more, and generally have more production as a result. If we want jobs, we need to reduce tax rates. We're above the revenue maximizing point in the Laffer curve, and far above the growth maximizing rates. The solution, reduce government spending, a lot.