On Wednesday 15 November 2006 12:33, Kristyne McDaniel wrote:
> Madigan,
>
> > Except that raising taxes lowers overall revenue.
> >
> > I bet you didn't know that.
>
> You're just too ignorant to even get into that discussion. You don't know
> what you are talking about.

Hi Kristyne!

Actually, there is science behind it, called the Laffer curve. This was the 
theory behind the supply side economics of Ronald Reagan. They were going to 
cut income taxes and raise business taxes in the form of "user fees".

It would have worked if they hadn't allowed a fee exemption to everyone who 
asked for it.
-- 
Regards,

Pete
http://www.pete-theisen.com/


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