[extropy-chat] Redistribution of wealth

[Brent Neal]

 (9/28/04 12:29) Mike Lorrey <mlorrey at yahoo.com> wrote:

>Ah, but you forget the principle of supply side economics (which the
>red states believe in) vs demand side economics (which the blue states
>believe in). Supply siders say that if you reduce the overall tax rates
>on the tax payers, that the economic synergies will actually generate
>more tax revinue as economic growth increases


Wow, too bad that hasn't worked out like they hoped they would in re the fricken huge deficits that W.'s asinine tax "cuts" have led us to.  Maybe next time they'll figure out that shifting the burden of taxation to the median earners is not a growth policy. 


B
-- 
Brent Neal
Geek of all Trades
http://brentn.freeshell.org

"Specialization is for insects" -- Robert A. Heinlein