Tuesday, May 19, 2009

Soak The Rich, Lose the Rich - WSJ

This is true whether it is a state or the Federal Government doing the increase. Businesses move from higher tax states to lower, US businesses move to other countries to escape Federal tax increases. This is lose, lose for everyone. Jobs are lost and tax revenues are lost.

An article By ARTHUR LAFFER and STEPHEN MOORE in The Wall Street Journal Monday states the facts.

Soak the Rich, Lose the Rich

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