Recent content by MPSPod

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    Fiscal Cliff: Tax Revenue Fallacy

    This isn't just a plug for my petition, btw, I do want to discuss the issue of the Revenue Fallacy as well.
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    Fiscal Cliff: Tax Revenue Fallacy

    It seems to me that this whole fiscal cliff issue has been subverted by the fallacy that raising tax rates increases revenue. In the four major tax rate cuts of the past 100 years, revenues have drastically increased. In current conditions, it is cutting tax rates, not increasing them, that...
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