tag:blogger.com,1999:blog-3776665703590564248.post7128116758898577967..comments2024-03-27T01:57:19.605-04:00Comments on Return To Excellence: Comparing The Current Income Tax Legislation To Supply Side Economic PrinciplesReturnToExcellence.nethttp://www.blogger.com/profile/18149859814999976879noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3776665703590564248.post-49914607762312791732017-12-04T18:17:35.160-05:002017-12-04T18:17:35.160-05:00Doug - This post is truly an outstanding history a...Doug - This post is truly an outstanding history and accounting of income tax policies and outcomes. The revenue and employment charts particularly provide strong evidence that the right policies yield greater income broadly. <br /><br />Like you, I sincerely hope that the best tax reform plan, the FairTax, will ultimately pass. <br />Therefore let's continue to tout its benefits and start off explaining to skeptics that it is also progressive. <br /><br />It is amazing that despite fact that the US has one of the most progressive tax systems in the world and will continue to be extremely progressive with the GOP plan, the Elite Left's fake propaganda that the GOP plan favors the wealthy over the middle and lower income, is believed by many if not a majority. The Elite Left actually has been effective in shaping an ultra progressive tax system. As you note point 2 of Marx Communist Manifesto is to devise an ultra progressive tax system. Why? To weaken the economy and topple Capitalism, ultimately the Elite Left's goal. <br /><br />Your conclusion is most pertinent- that most Americans are ignorant of details of our tax system and how tax policies impact wealth creation. Therein lies inspiration for all who understand to calmly and succinctly explain how lower rates along with less Gov spending, with more $ to consumers, business, and entrepreneurs are the proven best means to prosperity for all. Economics501https://www.blogger.com/profile/12001939903780698510noreply@blogger.com