Art Laffer has a guaranteed spot in the liberty hall of fame because he popularized the common-sense notion that you can’t make any assumptions about tax rates and tax revenue without also figuring out what happens to taxable income. Lot’s of people on the left try to denigrate the “Laffer Curve,” but it’s worth noting that even left-wing economists now admit that you don’t maximize revenue with a 100 percent tax rate.
Rick Santorum endorses Mitt Romney, the man he once described as the "worst Republican in the country to put up against Barack Obama."
The time has come for me to announce my preferred candidate for the 2012 presidential election. And I’m making this much-anticipated announcement even though I won’t be casting a vote.
Who do they affect more? Voters or other candidates? Watch to find out.
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