The story of how the Laffer Curve got its name begins with a 1978 article by Jude Wanniski in 'The Public Interest' entitled, 'Taxes, Revenues, and the Laffer Curve.'
Raising taxes is not a frivolous venture that you do on the editorial page of 'The New Republic,' for god sakes. It's something that you really have to think about and go through carefully.
I'm always for lower taxes because lower taxes make people want to do things. Less burden, more fun, and economics is about people wanting to have fun. Growth is fun for people in the marketplace.
'Simplifying' the tax code is a priority mainly for people who make enough money to want to avoid paying taxes, and who make their money by means unorthodox enough to make avoiding taxes possible and desirable.
Fannie Mae is owned by shareholders but operates under a federal charter that exempts it from paying state or local taxes. As a result, many professional investors think the government would repay the debt that Fannie Mae had issued if the company could not, although Fannie Mae explicitly says that its bonds do not carry a federal guarantee.
When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.
When you try to figure out what the religious right is, it ultimately comes down either to one man, Pat Robertson, or anyone who believes in a higher being and wants their taxes cut.
