Friday, July 8, 2011

Earth to Voters

Earth to Washington - More regs and talk of higher taxes on businesses does not a job market make...

Earth to Washington - Yes, higher taxes does, all things being equal, equal higher revenue... However....

There's however this point, as Arthur Laffer (Laffer Curve) points out, where higher tax rates have a negative effect on tax revenue... Mr. Laffer states that tax revenue would be zero if tax rates were 0% and zero if tax rates were 100% (no one would work), and somewhere in between lies a rate that maxes tax revenue. Go beyond that point and you're on a collision course with zero...

Earth to Voters - We can no longer elect truckers to Congress!

In an article titled Landmark US-Mexico trucking agreement resolves 15-year conflict, Howard LaFranche of The Christian Science Monitor wrote;

"the accord was greeted warmly by US trade, farm, and business organizations

1 comment:

  1. It is time for the administration to try the
    Frenchman's motto "laissez faire" They have tried everything else without success...(but that gives them less power and some might not be needed anymore...)
    What are "job producing initiatives"? Projects we the people have to pay for?? Where is common sense? Priorities are upside down.