A six minute Prager University video describes the Laffer curve and a recently published study by Christina Romer, who was an advisor to President Obama, which concluded that the most revenue can be obtained at a tax rate of 33%.
Click here to see the video.
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Let's have a TEA party! |
"The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite.” --Thomas Jefferson |
"Government is not reason, it is not eloquence – it is force. Like fire it is a dangerous servant and a fearful master…"—George Washington |
"The person who has nothing for which he is willing to fight, nothing which is more important than his own personal safety, is a miserable creature and has no chance of being free unless made and kept so by the exertions of better men than himself." - John Stuart Mill
"You don't make the poor richer by making the rich poorer." ---Winston Churchill
When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” -- P.J. O'Rourke We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." ---Winston Churchill
"There can be no greater stretch of arbitrary power than is required to seize children from their parents, teach them whatever the authorities decree they shall be taught, and expropriate from the parents the funds to pay for the procedure."-- Charlotte Twight
"The bigger the government, the smaller the citizen." – Dennis Prager
"The trouble with socialism is that eventually you run out of other people's money." – Margaret Thatcher "People who are very aware that they have more knowledge than the average person are often very unaware that they do not have one-tenth of the knowledge of all of the average persons put together. In this situation, for the intelligentsia to impose their notions on ordinary people is essentially to impose ignorance on knowledge….What is politically defined as economic "planning" is the forcible superseding of other people's plans by government officials….It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong."-- Thomas Sowell "The ultimate result of shielding men from the effects of folly is to fill the world with fools."-- Herbert Spencer "If guns cause crime, then pencils cause misspelled words." – anonymous "Property rights are a basic human right, the best defense for those with the least political influence." – Doug Bandow "The "private sector" of the economy is, in fact, the voluntary sector; and...the "public sector" is, in fact, the coercive sector."-- Henry Hazlitt |
"[T]he secret of my success is that at an early age I discovered I was not God." --Oliver Wendell Holmes, Jr. |
