In response to:

Trickle Down and Tax Cuts

wmou Wrote: Oct 03, 2012 10:23 AM
Imagine how much time and effort would be saved with a simple tax system. Why doesn't equal treatment under the law apply to taxation? Why do we allow politicians to use our tax system to buy votes and manipulate behavior? The last thing liberals want is a "fair" tax system. There is no political gain in that.
Dr. Thomas Sowell's "'Trickle Down Theory' and 'Tax Cuts for the Rich'" has just been published by the Hoover Institution. Having read this short paper, the conclusion you must reach is that the term "trickle down theory" is simply a tool of charlatans and political hustlers.

Sowell states that "no such theory has been found in even the most voluminous and learned histories of economic theories." That's from a scholar who has published extensively in the history of economic thought. Several years ago, Sowell, in his syndicated column, challenged anyone to name an economist from any economic school of...