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What does that have to do with revenue from tax rates? Even in a booming economy, (thank you tech boom) Clinton maintained higher rates, which generated less revenue. Imagine the boom we could have seen if only he would have cut some of those rates. Reinvestment is critical sure, but is printing more money to do that investment the solution? I think not. The best way to get reinvestment in the economy that will not tank the economy through inflation is to cut taxes and let people do it themselves.
What does that have to do with revenue from tax rates? Even in a booming economy, (thank you tech boom) Clinton maintained higher rates, which generated less revenue. Imagine the boom we could have seen if only he would have cut some of those rates.
Reinvestment is critical sure, but is printing more money to do that investment the solution? I think not. The best way to get reinvestment in the economy that will not tank the economy through inflation is to cut taxes and let people do it themselves.
