Tax Evasion
The great lie of supply-side economics
Supply-side economics is the monster that will not die. The supply-side argument that, in the United States, tax-rate cuts pay for themselves--that, after cutting taxes, the government actually ends up with more revenue--has little or no support within the mainstream economic profession, and no hard empirical data to back it up. Myriad studies have demonstrated that both the Reagan tax cuts of the nineteen-eighties and the tax cuts put through under the ... Full Story »
Posted by Julian Friedland
