Earth to Washington – More regs and talk of higher taxes on businesses does not a job market make…
Earth to Washington – Yes, higher taxes does, all things being equal, equal higher revenue… However….
There’s however this point, as Arthur Laffer (Laffer Curve) points out, where higher tax rates have a negative effect on tax revenue… Mr. Laffer states that tax revenue would be zero if tax rates were 0% and zero if tax rates were 100% (no one would work), and somewhere in between lies a rate that maxes tax revenue. Go beyond that point and you’re on a collision course with zero…
Earth to Voters – We can no longer elect truckers to Congress!
In an article titled Landmark US-Mexico trucking agreement resolves 15-year conflict, Howard LaFranche of The Christian Science Monitor wrote;
“the accord was greeted warmly by US trade, farm, and business organizations