Friday, July 9, 2010
Following up on my recent posts:
Presimetrics Blog, Tax Burdens and Economic Growth – Answering the Objections:
[L]ower tax burdens are not correlated with more rapid economic growth. In fact, from 1929 to the present (and in the book, we focus on the period from 1952 to the present) administrations that have cut the tax burden have performed worse than administrations that raised the tax burden.
(Hat Tip: Marty McMahon.)