I heard it AGAIN at work today, the endless whine that "raising taxes will wreck the economy." The whiner referred to the Laffer Curve and claimed Ronald Reagan had proven the truth of this theory beyond question for ever and ever amen: "When you raise taxes you reach a point where people just refuse to participate. They disengage."
Why is it that corporations -- nominally American, but often laying off US workers for "profitability margin" reasons and cutting away the benefits of other Americans including retirees for those same nebulous "profit margin" reasons, sheltering their income offshore and headquartering themselves in the Samoas or the Caribbean for "convenience" -- deserve the breaks they are getting now? Why should we, the people, further kowtow to the freeloading likes of Enron?
- Sarah's blog
- Login or register to post comments
Front page
Comments
it's not what conversvatives don't know
it's what they know that just ain't so
This Is Why
truthiness kills. People can't make sound decisions in a media environment where lies rule.
It's not so much what they know that just ain't so.
It's what they say that they damn well know ain't so.
"You'd better get this straight. Wise up before it's too late." -- Sister Sledge
"Doubt is a wall I must climb." -- Michael McDermott