MUST READ/PRINT – Revenues & Tax Rates: An Historical View from Heritage
Time for Lower Income Tax Rates: The Historical Case for Supply Side Economics is a 13-pg document (Heritage Executive Summary).
The first 2 pages are a summary; the final 11 pages contain historical data from the 1920’s and the Kennedy years which illustrate that low taxes brings more money into play in the economy and tax revenues go up. It ends with a great summary of why everyone benefits when the economy is freed of government intervention and theft.
I will be printing this out and keeping mine handy!
Posted on August 9, 2011, in Budget, Deficit, Education and tagged Heritage Foundation, Historical Case for Supply Side Economics, Revenues & Tax Rates, Time for Lower Income Tax Rates. Bookmark the permalink. Leave a comment.