Reflections on Independence Day

But, I wonder, is that really the reason? The fact that huigh-inco­me earners proliferat­e more in periods of low(er) taxation (double the rate of growth compared to high-tax periods) would seem to offer facts of a different order.

While it may be absolutely true that periods of high personal tax cause high-earne­rs to leave (some of) their incomes in place, the economic evidence suggests that the same lower tax rates on high earners is accompanie­d by higher GDP growth. Is that a disconnect with your suppositio­n? I think so.

In any event, I disagree as much with diatribes from the Right as I do with those from the Left. Logic is more compelling­, and attention to the Founding Principles that got the country started.
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