Tag "Laffer curve"
Back to homepageDid tax rise help CA, tax cuts hurt KS?
Editor’s note: See correction at the bottom. Toto, I have a feeling we’re not in Kansas anymore. We’re in California, where the winter weather is in the 70s and the high taxes are imposed by the Great and Powerful Oz.
Read MoreNew Laffer book details Reagan prosperity recipe
If you have a great recipe, keep using it. Don’t be chicken. Just ask Col. Sanders. Why then don’t Republican candidates just follow Ronald Reagan’s successful economic recipe from the 1980s? Cut taxes; in his case, from the top income
Read MoreCA closes corporate tax ‘loophole,’ but doesn’t get expected bonanza
The argument that raising taxes cuts revenue because it deters taxable economic activity leads to a tired fight in which obvious facts are ignored by both sides. This claim is sometimes true and sometimes not true. It depends on what
Read MoreCA admits higher taxes kill tax collection
Feb. 21, 2013 By Chriss Street Gov. Jerry Brown was just forced to admit reality. His supposed $5 billion boost in January tax collection from Proposition 30, which increased sales and income taxes, was really just an early collection of
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