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That was AWESOME.
And my take-away was that lower tax rates are GOOD, in almost (not all!) cases.
That's what I was a-sayin'. A big, burly, robust, and mostly-tax-unburdened economy is BETTER, all other thangs bein' equal. I got the part about the margins, and I think you'll see that I stipulated that my own bad self. High, SUPER-high MARGINAL rates are simply destructive.
Cut rates, and we're better off. Not always, I grant you, but I never said that. A bigger economy - a product of the right kind of tax cuts - gives a bigger revenue base.
CUT RATES! It pays...unless it doesn't, like from a low rate to a nominally lower rate. But...CUT RATES ENOUGH!
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"The quickest way of ending a war is to lose it, and if one finds the prospect of a long war intolerable, it is natural to disbelieve in the possibility of victory."
- George Orwell
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