There is a simple lesson that the American people need to learn. Higher tax rates do not raise more money for the government. A bigger economy is what raises more taxes. LearnLiberty has a simple video that explains this fundamental, yet often overlooked, truth.
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Very informative video. Finally a simplified explanation for those who wish to raise taxes amongst the wealthy. Don’t people realize that if corporate or income taxes are raised amongst the rich, then they will not be able to hire new employees or pay existing employees? This only results in more lay offs, which contradicts what everyone wants, a bigger economy.
Check out @LearnLiberty’s new Tax Day video at The Entrepreneurial Mind http://t.co/urqYnyQL h/t @cornwallj
Tax pie
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