Of course this won't be read in the conservative worlds, and the same theory will perpetuate. Oh, well!! Some people are not incline to learn and grow - and 'you can't teach an old dog new tricks!'Withdrawal of a Congressional Research Report on Tax Rates Raises Questions - NYTimes.com: "The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economic theory, after Senate Republicans raised concerns about the paper’s findings and wording."
The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club.
But it could actually draw new attention to the report, which questions the premise that lowering the top marginal tax rate stimulates economic growth and job creation.
'via Blog this'