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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (587270)9/24/2010 12:06:58 PM
From: bentway1 Recommendation  Read Replies (1) of 1578180
 
The Clinton era's "high" taxes, no one was complaining about. But, now, going BACK to those taxes, just for the wealthiest, is UNACCEPTABLE!

Historically, the Clinton era taxes were LOW.

truthandpolitics.org

Which would indicate that our taxes now are to low. That's the side of the Laffer Curve "theory" that conservatives never mention. When the tax rate is too low, optimum anticipated revenues will not be generated, and deficits will inevitably be the result. Which is why (R)'s in the modern era ALWAYS run massive deficits.
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