Quote:
Originally Posted by smc
As you well know, I rarely agree with Tracy Coxx on anything political or economic. But he makes a claim in the post to which you refer, by inference, that raising taxes will increase unemployment. That is a position that can be debated and shown to be patently false. How about taking on that, Enoch Root? It would be a far greater contribution to the discussion.
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Low taxes are always spoken of in terms of a "keystone." That is, they are the most important part without which the rest of the system--the "arch" in the analogy--would not work. The way in which they work is namely raising employment: the lower the taxes the higher the employment. The corollary is obvious and has already been stated: raising taxes lowers employment. Bush instituted the cuts, they survive to this day, we still have an unemployment problem. All things which Jen has stated in the past.
But, if I understand smc's post correctly, there is a better way to go about this:
Tracy, by what method do lower taxes lead to higher employment?
03-26-2012
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