National, News

Tax Cuts For The Rich Bring In MORE Revenue, Not Less — But Class Warfare Is More Important Than Revenue


For more than 80 years, the political left has opposed what they call “tax cuts for the rich.” But big cuts in very high tax rates ended up bringing in more revenue to the government in the Coolidge, Kennedy, Reagan and Bush 43 administrations. This included more — repeat, more — tax revenue from people in the highest income brackets than before.

via Taxes & Politics – Investors.com.

Advertisements

About Prince of Peeps

I'm the little bird on the backyard fence telling the world about whatever is on my mind. Some people may stop to listen, some may not. I call it the way I see it, and tell it the way I think it ought to be.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: