CrusaderFrank
Diamond Member
- May 20, 2009
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I will add Myth #6: Cuts in personal income taxes pay for themselves.
Of course, no economist worth his or her salt believes this - notice that the article deals with debates amongst economists. However, a wide swath of a certain part of the political spectrum continues to hold this belief as if it were a religion. Those people don't know the difference between a stove and a stochastic. But it is a widespread myth nonetheless. And all tribes need their myths.
LOL.
Yeah, right.
WrongWay Krugman, off in the trillion column but wins a Noble Prize in Economics knows best.