So you have to go all the way back to the early 20th century to prove this? How about more recent decades?
Modest version of supply-side premise is that when you raises rates, revenues rise less than you expect. When you cut rates, revenues drop less than you expect -- or even rise. Here, the 1920s, via Gene Smiley. Tax rates rising (WWI) and dropping (1920s).pic.twitter.com/tuVXFXy3I3
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Ce Tweet est indisponible.
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based on your biography of Coolidge is it not fair to say that he would reduce expenditures more and any revenue increase would serve as a means to reduce tax rates further?
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What would Coolidge think of projecting an increase in debt as an effect of tax cuts? Just based on your book, I would think he would be skeptical at best
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Le chargement semble prendre du temps.
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