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post by
PatMeebles
at 2009-07-25 16:32:36
When Bush cut taxes in 2003, revenue shot up and the recession of 2001 was reversed, only to be stopped in 2008 when the liberal idea of home ownership for everyone (regardless of ability to pay) caused companies to go bankrupt.
Cutting taxes is the only way. I don't say that because I love rich people, but they're the ones that have the means to leave if things get too expensive for them. Maryland recently imposed a new tax on millionaires, and all of sudden a third their millionaires have "disappeared." So much for revenue for social programs.
http://online.wsj.com/article/SB124329282377252471.html
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