In my continued role as contributor to the George W. Bush Presidential Center's 4% Growth Project, I recently reviewed Peter Diamond and Emmanuel Saez's published Op-Ed in the Wall Street Journal titled "High Tax Rates Won't Slow Growth." They argue that when it comes to tax revenue, the US is not close to the top of the Laffer Curve, and raising tax rates to 50%, or even 70%, would boost revenue and reduce the deficit. Click here to see why I gave this proposal a solid, and well earned, F.
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Posted on Wednesday, May 2, 2012 @ 2:57 PM
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