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To: Lizzie Tudor who wrote (159262)9/15/2003 6:58:56 PM
From: Skeeter Bug  Respond to of 164684
 
it increased tax revenues for some period of time. the argument is that it wasn't sustainable. that debate is probably unwinnable.

the bottom line is there is a tax rate that maximizes federal receipts.

take 100% and the people kill their leaders.

take 0% and there is no money.

i think we are headed toward the former at this stage in history.