annfan_777 Wrote:
Dec 11, 2012 5:26 AM
No, that is irrelevant. What is relevant is that historically, there has been MORE revenue created by LOWER tax rates than by higher tax rates. But that doesn't stop idiot Democrats from using the old chestnut about the rich not paying their fair share. And they won't in any case, because they can pay tax accountants and lawyers to find loopholes and shelters for their money when Uncle Sam, run by Democrats, greedily comes calling for more tax revenue to feed the waste, fraud and abuse that epitomizes government. But when tax rates are lower, the rich will invest that money in the economy instead. Today's Democrats are too dumb to figure that out, although guys like JFK understood it perfectly well.