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The Laffer Curve which shows that as taxes increase government revenue goes down. The recent debate about the super committee shows what the real debate is about; namely tax rates matter. The GOP proposed compromise has caused much apprehension among many Republicans and conservative since it may represent an overall tax increase, but what is missing is that the GOP plan is the beginning of serious tax reform by lowering the overall tax rates. …
…o make a supply side argument that economic growth will increase as result of reducing marginal tax rates, thus helping to reduce the deficit. The second argument is that tax reform will broaden the tax base, thus collecting taxes or more taxes than presently being collected. Cain sales tax portion of 9-9-9 have the potential of raising more revenues from the underground economy and Perry tax plans actually raise more revenues from the wealthy …
…and immunities conferred by the International Organizations Immunities Act; except those provided by Section 2(c), the portions of Section 2(d) and Section 3 relating to customs duties and federal internal-revenue importation taxes, Section 4, Section 5, and Section 6 of that Act. This designation is not intended to abridge in any respect the privileges, exemptions or immunities which such organization may have acquired or may acquire by internat…
…w at that time that Governor Walker would win the battle and get the bill passed simply based on his track record. The final result? Governor Walker did get the bill passed and, as a result, Wisconsin’s budget was balanced, taxes lowered, and school districts & local governments saved hundreds of millions of dollars without the massive layoffs. Here’s the next prediction: Governor Mitt Romney wins the GOP nomination. Why? Again, simply be…
A few days ago was April 15th; tax day. If you are among the 50% who actually pay federal income taxes, you might consider this a day of sadness regardless of whether you’re getting a tax refund. After all, the government has your money and a significant portion has been given to those who don’t pay taxes. But by now we all know that a growing number of people who actually do pay taxes have formed an organization called the Tea Part…
…states, “We will shortly become . . . a socialist democracy in which the government dominates the economy, determines private-sector priorities and offers a vastly expanded range of services to many more people at much higher taxes.” I am not going to go into the detail of Mr. Morris’ article, but I highly recommend that you read it. In summation, the free market will cease to exist and our economy will be controlled by the free spending liberal …
…. Conservative activism must be maintained at all times to keep Americans educated….“The conservative must become more engaged in public matters. 10. Americans have the right to keep the fruit of his own labors…. taxes must be reduced to give people and business more disposable incomes. … the progressive income tax must go. … All residents must be required to pay the tax so they have a stake in limiting its abuse. And fi…
… and apathy” phase of Professor Tyler ‘s definition of democracy, with some forty plus percent of the nation’s population already having reached the “governmental dependency” phase. Those who pay taxes is or has moved lower than 50% of the taxing paying eligible public. The top 5% percent ofAmerica“producers” pay an estimated more than 80% of the taxes. “California’s rising standards of living and outstanding p…
…nt (according to the Constitution) would be to regulate the commerce those roads carried between the States. Education. We have a long history and tradition of local schools in this country; public schools financed by local taxes. The role of the Federal government in education of our nation’s youth is nowhere authorized in the Constitution. Unfortunately, the selective granting of Federal money to States and localities to support education has…
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