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Old 01-15-2009, 10:45 PM
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Hatterasguy Hatterasguy is offline
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Join Date: Nov 2002
Location: Milford, CT
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Quote:
Originally Posted by Matt L View Post
Lower taxes can not always mean more taxes collected. If it did, we could simply reduce the tax rate to zero and have infinite taxes collected.

The idea that lowering taxes leads to increased collections is known as the "Laffer Curve." What some radical conservatives forget is that the curve has two sides.
Lower them to a point, naturaly you cannot lower them to zero. Law of diminishing returns.

This article is perfect because its symbolic of whats wrong with this country in many ways. We are about the miss a grand oppertunity to lead the world in "green" technoligy, which is the future.
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