Wednesday, April 15, 2015

I HAVE TO GIVE SOME CREDIT TO JAMES PETHOKOUKIS

In the past, he's struck me as just another Free Market Fairy clown but this time I was surprised:
Then again, maybe these tax cuts will pay for themselves through much faster economic growth. But academic research suggests that the revenue-maximizing point on the "Laffer Curve" is considerably above any of the income tax rates currently being discussed by Republican flat-tax advocates.

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