Monday, February 10, 2014

The Fallicy of High Taxes

It is a well known fact that the progressives have not met a tax, or a fee which they did not like.

With taxes, the progressives do not believe in the law of diminishing returns. This law states that there is a point where something stops being effective and becomes a detriment.

Businesses have to make their money someplace. When taxes are high, what eventually happens is they, the owners, will cut hours to the employers and lead to layoffs.

It has been proven that in times of lower taxes has lead to times of great prosperity, economic growth, and inventiveness.

It has also been proven that lower taxes equals more money into the coffers of government, at all levels. The more people on the tax rolls, the more revenue that comes in.

High taxes is just another failure which the progressives have put forward.

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