Sept 3rd, 2011
Just a few recommendations.
- If you haven't already read it, former Reagan and Bush 1 economic adviser Bruce Bartlett's endorsement of higher taxes on the wealthy is a must.
"Growth was stronger in the 1990s when the relative revenue loss was small and was dismal during the George W. Bush administration, when two-thirds of the aggregate revenue loss occurred.
It is not class warfare to suggest that the richest 1 percent of people in society pay one-third of their income to the federal government, as they did under Ronald Reagan. Keep in mind that dividends were taxable as ordinary income every year of his administration, and in the Tax Reform Act of 1986 he supported taxing capital gains as ordinary income as well."
Showing posts with label interesting. Show all posts
Showing posts with label interesting. Show all posts
Saturday, September 3, 2011
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