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Anonymous
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Study: Tax Cuts Don't Lead to Growth
A new study looking at 65 years of data shows no correlation between tax cuts and job growth. A graph in the story makes it clear that the George H.W. Bush and Clinton tax increases did not hurt the economy and the George W. Bush tax cuts did not help it. Also noted is that economic growth was high during the Eisenhower administration, when the top marginal tax rate was 91%.
http://www.nationaljournal.com/domesticpolicy/analysis-tax-cuts-don-t-lead-to-economic-growth-a-new-65-year-study-finds-20120917
Maybe as we try to figure out how to cut the deficit and pay off all our debt that came about because of GW cutting taxes while fighting 2 wars-- maybe we should look at increasing those taxes and revenue while also cutting spending... Do the honorable thing and pay off our debt during our generation....