tag:blogger.com,1999:blog-1279973426476621559.post2186746946255944795..comments2023-04-03T05:20:01.318-04:00Comments on Young, Hip and Conservative: a skeptical blog: Bush tax cuts are the new normalMichaelhttp://www.blogger.com/profile/00427964335321253510noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1279973426476621559.post-65351446038496394512012-12-06T14:58:46.742-05:002012-12-06T14:58:46.742-05:00I'm glad you brought up the issue of balance b...I'm glad you brought up the issue of balance because I don't think people consider how fragile the system is. Dumping taxes on the rich has consequences and as the UK has found out, Art Laffer was right, some tax increases do lower revenues.<br /><br />http://dailycaller.com/2012/11/28/as-uk-millionaires-flee-country-over-tax-hikes-british-treasury-loses-billions/<br /><br />The last nail in the coffin is that the rich tend to be in a position to control when they get paid. Giving people with the means to go elsewhere a good reason to do so. As California has also discovered, the rich tend to have very volatile earnings, making the governments ever increasing dependence on a small part of the population.Natehttp://congressshallmakenolaw.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-1279973426476621559.post-50805197112130286132012-12-06T00:10:18.854-05:002012-12-06T00:10:18.854-05:00People have forgotten the idea of a real tax cut.
...People have forgotten the idea of a real tax cut.<br /><br />Chris <br />Owner Cel Financial Services <br />IRS Registered Tax Return Preparer<br />Registered bonded California CTEC Tax Preparer <br />Please visit my website for all your Fillmore Income Tax needs. <br />http://www.taxprepfillmore.com/<br />Chrishttp://www.taxprepfillmore.com/noreply@blogger.com