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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (29790)8/17/2000 1:36:11 PM
From: greenspirit  Read Replies (1) of 769667
 
The answer is "no one knows". Models predicting various scenarios could be developed. And based on who designed and created them, the arguments could go either way.

Kenneth, can you try and think about and answer this question.

Why did revenue's to government coffers surge when Reagan dropped the marginal tax rate in the early 80's? And why did revenue's increase as a result of a reduction in the capital gains taxes?

Michael
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