Saturday, November 10, 2012

Higher Taxes for the Rich Equals Higher Growth Rate

A study from the Congressional Research Service — the non-partisan research office for Congress — shows that "there is little evidence over the past 65 years that tax cuts for the highest earners are associated with savings, investment or productivity growth." In fact, the study found that higher tax rates for the wealthy are statistically associated with higher levels of growth.

--Robert Frank, CNBC


  1. Do you even care anymore whether what you write makes even a remote bit of sense to anyone with a high school education? How are you going to stimulate the economy by penalizing the only ones growing it?

  2. Do you believe that questioning my intelligence will advance your cause and your argument? I don't know why people don't believe they can disagree without calling the person with whom they disagree "stupid" or some equivalent. I am not stupid and you know that. I simply disagree with you philosophically. That is not a reason to get your underwear in an emotional twist. And if you'd sign your name when you disagree, I would respect your argument more ... providing you present an argument.