tap4154
VIP Member
Obamites foolishly focus on increasing tax rates to increase federal revenue, but IF they'd spend a couple seconds studying the data, they'd know that revenue remains basically the same no matter what the tax rates are.
However, when tax rates are higher, there is less employment, and more folks drawing entitlements.
It's all there, but they just refuse to face facts, and repeat the same mistakes over and over and over.
![MarginalTaxRatevsRevenueGDP.jpg](/proxy.php?image=http%3A%2F%2Fneighborhoodeffects.mercatus.org%2Fwp-content%2Fuploads%2F2010%2F10%2FMarginalTaxRatevsRevenueGDP.jpg&hash=4f69f37514bc9bfb9e89ac15434166e4)
However, when tax rates are higher, there is less employment, and more folks drawing entitlements.
It's all there, but they just refuse to face facts, and repeat the same mistakes over and over and over.