'Taxing the Rich' Actually Yields Less Cash: ; Lower Tax Rates Can Generate More Revenue

Summary


WE could definitely use another Abraham Lincoln to emancipate us all from being slaves to words.

In the midst of a historic financial crisis of unprecedented government spending, and record national debt, we are still enthralled by words and ignoring realities.

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'Taxing the Rich' Actually Yields Less Cash: ; Lower Tax Rates Can Generate More Revenue

President Barack Obama's constant talk about "millionaires and billionaires" needing to pay higher taxes would be a bad joke if the consequences were not so serious.

Even if the income tax rat...

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