Econ Comments
WSJ | Why 70% Tax Rates Won't Work
Memo to Robert Reich: The income tax brought in less revenue when the highest rate was 70% to 91% than it did when the highest rate was 28%.
Blogs
Heritage Foundation | Tax Increases Should Be Off the Table in Debt Limit Negotiations
It is good tax policy to rid the tax code of distortions that favor one sector of the economy over another, yet it is bad tax policy to remove every single distortion as a means to raise money for a federal government that has already spent us into a $14.3 trillion hole.
