Saturday, April 14, 2007

Are you really interested in tax rates that benefit the economy & raise revenue--or are you interested in redistributing income for political reasons?

The richest 1% of Americans now pays 35% of all income taxes. The top 10% pay more taxes than the bottom 60%.

President John F. Kennedy was an astute proponent of tax cuts and the proposition that lower tax rates produce economic growth. Calvin Coolidge and Ronald Reagan also understood the power of lower tax rates and managed to put through cuts that grew the U.S. economy like Kansas corn. Sadly, we just don't seem able to keep that lesson learned.

UNTO CAESAR
Case Closed: Tax cuts mean growth
BY FRED THOMPSON
Saturday, April 14, 2007 12:01 a.m. EDT

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