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First, while you see the recent economic performance as evidence of the effectiveness of lower tax rates ... I see a classic Keynsian tax cut which spurs economic growth (while also creating a deficit). The ultimate tax cut President, Reagan took both Keynsian paths that drive econimic growth, tax cuts and increased government spending, and some claim the growth under his watch is "proof" of the effectiveness of a low taxation government ... to me I claim "proof" of classical economic policy of running deficits in the short term will drive a boast in the economy.
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I didn't make that claim. I made the claim that a tax cut to the top will make the most productive citizens more productive (income per person), which is not a direct correlation with what you said. I do admit they are related though (as the influence in capital returns in income is much higher when the economy is doing well).</p>
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I'd love to hear an example of a low tax policy driving growth while maintaining anything close to a balanced budget ... do you have one? (BTW - I'd claim the Clinton years is about as close as you can get as we had relatively balanced budgets and very low tax burdens compared to almost all other capialistic economies).
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Ireland? Virtually all the Anglo countries have pretty low tax burdens relative to other states and all are doing very well relative to other states.</p>